European stocks open undecided pending Sentix Confidence Index

The European stock markets have opened this Monday with an indecisive behavior, pending the Sentix Investor Confidence Index and the Industrial Production for March in Germany, in a week in which the most prominent will be the US inflation data for the month of April.

At the opening, the stock market that rises the most is that of Milan, with 0.13%, followed by that of Madrid, with 0.12%, while Paris loses 0.07%, and Frankfurt, 0.01 %.

The London square will remain closed today for the coronation acts of Carlos III, while the Euro Stoxx50, an index that includes the European companies with the largest capitalization, falls 0.07%.

The main index of the Tokyo Stock Exchange, the Nikkei, fell 0.71% this Monday, after investors digested the renewed fears about the US financial system after the bankruptcy of a new bank.

For its part, Wall Street rebounded last Friday, but the gains were insufficient to recover the ground that the main indices had lost during a bad week, marked by new banking turmoil and further rises in interest rates.

According to Link Securities analysts, after the positive and surprising employment data published last Friday in the US, corresponding to the month of April, the entry of this economy into recession is moving away for the moment, so they expect investors to get your “appetite” back for risk.

This week, without a doubt, the most important thing will be, in addition to the publication on Wednesday of the CPI figures for April, the meeting, on Thursday, of the Bank of England (BoE) Monetary Policy Committee, in which they are expected to return to raise its benchmark interest rates by 25 basis points, to 4.5%.

In the debt market, the interest on the German ten-year bond falls and stands at 2.289%, while the Spanish yields up to 3.372%.

Regarding oil, Brent, a benchmark in Europe, rose 0.97% and the price per barrel was at US$ 76.03, while West Texas Intermediate (WTI), a benchmark in the US. , rises to 1.04%, up to US$ 72.08, before the official opening of the market.

The euro appreciates 0.28% compared to the “green ticket” and changes to US$ 1.104.