Madrid and London stand out from the falls of the large European stock markets

The large European stock markets have closed this Wednesday with the opposite trend, after some good activity data from the services sector that point to an improvement in the economy and remove the possibility of a recession in the large countries of the euro area.

Milan has fallen 0.59%, Frankfurt, 0.53%; and Paris and the Euro Stoxx 50 index, which groups the largest listed companies, 0.39%; while Madrid and London have risen 0.78% and 0.37%, respectively.

The final PMI services sector and composite indices for the euro area published this morning grew in March compared to February, but to a lesser extent than the advance data showed a week ago.

The composite index of Germany, the largest economy in the region, has not registered changes with respect to the leading indicator, while the services index rose, which shows a consolidation of the improvement of its economy in the first months of the year.

Since shortly after opening, the European markets have traded negatively, except for London and Madrid, and have accused doubts at the last minute about Wall Streetwhere the S&P falls half a point and the Dow Jones Industrial is trading practically flat.

In the debt market, the interest on the bonds of the eurozone countries has risen by just over half a tenth and the ten-year bonds of Germany, considered the safest, have ended at 2.176%.

With the euro at US$1,092, 0.3% less than the day before, Brent oil, the benchmark in Europe, falls slightly after shooting up on Monday and is trading at US$84.5 a barrel.

Gold remains above US$2,000 boosted by the fall of the dollar and the US markets and bitcoin remains anchored at US$28,000.