If Democrats win both seats, Joe Biden will be able to implement its program with ease, and this could also bring the prospect of additional stimulus to support the economy. However, some investors fear that this could lead to tax increases.

The first session of the year on Wall Street was mixed, which can be explained by an accumulation of disturbing news. The 45th President of the United States continues to hammer, without any evidence, that the presidential election has been stolen, while using his position to exert undignified pressure. The situation is supposed to last another two weeks until Joe Biden's inauguration on January 20. Let's hope it doesn't go beyond that. For the moment, the fractured Republican Party fears that Trump's actions will cause him to lose the two senatorial seats at stake in Georgia, which would turn the American Congress blue. The vote is taking place today, but according to recent case law, it may take some time to make the results official.

On the coronavirus front, until vaccines have strengthened defenses, governments will continue to govern by the day. Boris Johnson decided yesterday on a new national lockdown to ease the pressure on the hospital system in the United Kingdom, where the new variant of the Covid-19 is spreading fast. The country’s health authorities have just approved the Oxford University (AstraZeneca) vaccine.

On financial markets, the central scenario is still that of an economic acceleration made possible by the gradual disappearance of contamination and the easing of restrictions. But as we saw with yesterday's session, this will not happen without a hitch.

Yesterday, OPEC+ could not agree on the level of production for February. Saudi Arabia and the majority of the organization's members are in favor of maintaining current production levels for next month, while Russia would prefer to relax measures and increase pumping by 500,000 barrels per day. Discussions resume today.

Data published today include French inflation, German unemployment and November's M3 money supply, as well as the ISM Manufacturing index in the United States.