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Shares in the Danish shipping group Moller Maersk rose 3% Monday morning.

This came shortly after the company announced that it had stopped accepting bookings to and from crisis-hit Haiti “with immediate effect” in light of the current political situation.

–Sam Meredith

Dutch coffee and tea group JDE Peet’s rose to the top of the European benchmark on Monday morning.

JDE Peet’s shares rose 14% after the company announced the appointment of Rafael Oliveira as CEO and investment holding JAB said it would acquire the company’s 86 million Mondelez shares.

Meanwhile, Swiss inspection services provider SGS fell 2.6% after RBC cut its price target on the stock, Reuters reported.

–Sam Meredith

European markets opened slightly weaker on Monday.

The pan-European Stoxx 600 was down 0.1% shortly after the opening bell, with most sectors in negative territory.

–Sam Meredith

According to one analyst, the fundamental environment for gold prices is currently “pretty good” as the yellow metal is expected to hit $3,000 an ounce in the coming months.

Spot gold prices were trading 0.3% higher at $2,727.26 an ounce around 7:50 a.m. London time, paring gains after hitting a new all-time high of $2,732.73 earlier in the session.

“A lot of things are happening at the moment. I think the geopolitical uncertainty certainly helps. But I think interest rates are where things get really interesting,” Michael Widmer, head of metals research at Bank of America’s global research, told CNBC. Squawk Box Europe” on Monday.

“In the past we have always said that it is the 10-year yield that matters most to gold prices, but what we have actually seen is complete decorrelation. So today, lower 10-year yields are bullish for gold. “But higher 10-year yields are not necessarily bearish for gold,” Widmer said.

“And that’s partly because I think there’s increasing concern about the national debt, particularly with the U.S. election,” he continued.

“I think that’s what makes gold really attractive as a kind of safe haven – it’s almost the ultimate safe haven when there’s a lot of treasury market concern.”

–Sam Meredith

Asking prices for UK houses rose only slightly in October as more properties came onto the market. That’s according to a survey on Monday, which also suggested some buyers were waiting for clarity on tax changes in the new government’s upcoming budget.

According to property website Rightmove, asking prices rose just 0.3% in October, well below their average, representing a monthly increase of 1.3%.

The number of homes for sale was 12% higher than the same period last year and was the highest by real estate agents since 2014.

Overall real estate market activity remained strong and buyer demand increased.

Prices were 1.0% higher than a year earlier.

—Reuters

China’s stimulus measures must address structural problems in its troubled real estate sector to restore confidence in the world’s second-largest economy, according to a strategist.

Optimism over a series of economic measures implemented by Beijing since late September appears to have faded in recent days.

“I think the fundamental point is that despite all the measures that have been taken, the disappointment, at least to an observer, I think is the measures for the real estate market,” said Daniel Morris, chief market strategist at BNP Paribas Asset Management. he told CNBC’s “Squawk Box Europe” on Monday.

“The fundamental problem, or one of many fundamental problems, is that you can lower interest rates, but people won’t necessarily respond if the confidence isn’t there.” [and] “Confidence is not there because of the weakness in the housing market,” Morris said.

“So you have to start with this fundamental problem before you get the chain effect you want,” he added.

–Sam Meredith

European markets are expected to open mixed on Monday.

The United Kingdom FTSE 100 The index for Germany is expected to open 17 points higher at 8,373 DAX 12 points behind France’s 19,644 CAC 1 point higher to 7,611 and Italy FTSE MIB up 55 points to 35,087, according to IG data.

Income should come from Forvia and SAP. Data on the German producer price index is due.

– Holly Ellyatt

Bitcoin rose to its highest level in three months after exit polls showed Republican presidential candidate Donald Trump’s chances of winning.

The cryptocurrency rose to a high of $69,487 on Monday, its highest level since July.

Trump’s campaign was seen by many as positive for cryptocurrencies. The former president proposed a “national crypto stockpile” in July and promised that “the United States will be the crypto capital of the planet and the Bitcoin superpower of the world.”

Wall Street analysts increased their bets on three stocks ahead of their quarterly earnings reports last week.

One of the stocks, a Big Tech AI company, is up 64% this year, with analysts predicting further momentum going forward.

CNBC Pro looked for stocks in the MSCI World index that received higher price targets from Wall Street analysts in the last seven days. These stocks will also report quarterly financial results in the next few weeks.

CNBC Pro subscribers can read more here.

– Ganesh Rao

As investors try to navigate volatile global markets, Morgan Stanley reiterates its recommendation to buy dividend stocks.

“We recommend investors with a balanced and flexible strategy to supplement their portfolio with dividend income, given the high uncertainty surrounding the US elections on November 5th and given that a global monetary easing cycle is likely to place a greater focus on dividend yield will,” Morgan Stanley analysts wrote in an October report . 15 Research Note.

“Investor appetite for corporate reform and shareholder returns across Asia/EM also remains high, which is likely to benefit dividend stocks.”

—Amala Balakrishner