European stock markets open aimlessly pending business results

The European stock markets have opened this Thursday aimlessly, practically flat, after finish yesterday most of them with gains, in a session that will once again be marked by the presentation of the quarterly results, in addition, investors will be watching the consumer confidence index in the eurozone in April.

At the opening, only the Madrid and Paris stock markets registered slight increases, of 0.11% and 0.01%, respectively, while Milan dropped 0.20%; Frankfurt, 0.17%, and London, 0.15%. The Euro Stoxx50, an index that includes the European companies with the largest capitalization, rises a meager 0.01%.

For its part, the Tokyo Stock Exchange closed today with an advance of 0.11% of its main indicator, the Nikkei.

Wall Street closed yesterday in mixed terrain, and the Dow Jones Industrials, its main indicator, fell 0.23%, as investors analyze another day of business results.

At the close of operations, the Dow Jones fell to 33,897.34 units and the selective S&P 500 subtracted 0.01% to 4,154.55 points.

Today in the US, the Philadelphia Fed manufacturing index for April will be released, the Conference Board’s monthly leading indicator index for March, and the initial weekly jobless claims will be made public, a piece of information that gives good news. approximation on the evolution of weekly unemployment in the country.

For its part, Germany will publish the monthly (-0.3% previous) and annual PPI for March (+10% vs. +15.8% previous).

In Spain, Bankinter has inaugurated the season for presenting quarterly results this year.

Bankinter earned 185 million euros between January and March 2023, 20% more than a year earlier, thanks to the increase in revenue in all its business lines, driven by the increase in interest rates in the euro area and despite the bank tax, to which it has allocated 77 million.

The euro rises this Thursday a meager 0.13% and changes to US$ 1,096, while bitcoin leaves 3.65%, up to US$ 28,948.

In the oil market, Brent, a benchmark in Europe, falls 1.28% and the price per barrel is trading at US$ 82.08, while West Texas Intermediate (WTI), a benchmark in the US. it also lost 1.31% to US$ 78.20 a barrel, before the official opening of the market.

The interest on the ten-year German bond falls and stands at 2.470%, while the Spanish one also falls and stands at 3.500%.