European and Asian stock markets recover after threat of banking crisis and open higher this Tuesday

The European stock markets began with rises on Tuesday thanks to bank values ​​and after the end of fears of a new financial crisis caused by the drop and rescue of banks in Europe and the US

Investors followed the positive trend in the US Wall Street market, which closed in green on Monday and its main indicator, the Dow Jones Industrials, rose 1.20%.

At the start of operations, the stock market London (FTSE) gained 0.6%, frankfurt (DAX) 0.9%, Paris (CAC) 1.1% and Madrid (IBEX) 1.1%, gradually recovering from last week’s falls.

The president of the European Central Bank (ECB), Christine Lagarde, who will appear again, assured that the institution is ready to provide liquidity to eurozone banks if necessary, although she insisted that euro area entities are “resilient”. .

The Fed will begin its monetary policy meeting on Tuesday, and the market expects to know its decisions tomorrow.

On the other hand, in Asia the main Asian markets registered increases during the session on Tuesday after the turbulence caused the day before by the banking crisis in the United States and Switzerland.

In Hong Kongone of the main financial centers in Asia together with Singapore, the Hang Seng index increased 174.33 points, 0.92%, and stood at 27,410.50 integers.

In South Koreathe selective Kospi of the Seoul Stock Exchange climbed 10.95 points, equivalent to 0.46%, reaching 2,390.15 units, while in India the Sensex composite indicator expanded 224.11 points, 0.39 percent. , up to 57,853.06 integers.

In it Southeast Asianthe main stock markets also rose, with increases of 1.08% in the Singapore STI index, 0.73% in the Jakarta JCI indicator, 0.44% in the Kuala Lumpur selective KLCI and 0.64% on the set in Bangkok.