European stock markets open higher focused on the CPI of Spain and France

The European stock markets have opened upwards this Friday, with increases of around 0.50%, in a session in which the interest is placed on the CPI of France and Spain, as well as on five-year inflation and the confidence of the consumer from the University of Michigan in the US and GDP in the UK.

At the opening, the stock market that rose the most was that of Paris, 0.66%, followed by Milan, with 0.64%; Madrid, with 0.61%; Frankfurt, with 0.40%, and London, with 0.36%.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, advanced 0.41%.

The Tokyo Stock Exchange closed this Friday with a rise of 0.90% in its main indicator, the Nikkei, and ended at its best level in 18 months due to business results.

The Nikkei ended with an advance of 261.58 points, to 29,388.30 integers, while the Topix index, which groups the values ​​with the largest capitalization, ended with an advance of 13.30 points or 0.64%, up to the whole 2,096.39.

Wall Street closed yesterday in mixed territory and the Dow Jones Industrials chained its fourth day in the red, with a drop of 0.66%, weighed down by a sharp fall in Disney, while the technological Nasdaq ended a session in which fears about the regional bank.

Inflation marks the evolution of the markets on this day, so that in Spain it has already been known that the annual inflation rate increased eight tenths in April, up to 4.1%, due to the rise in fuel prices and a smaller decrease of electricity, while the rise in food prices moderated to 12.9% after chaining two months with record increases above 16%.

Meanwhile, the CPI in France rose to 5.9% in Aprildue to an acceleration in energy, while the rise in food moderated, the National Institute of Statistics (Insee) indicated this Friday.

In addition, in the United Kingdom, the gross domestic product (GDP) grew by 0.1% in the first quarter of the year, reported this Friday the National Statistics Office (ONS). In monthly terms, GDP grew by 0.5% in January, in February it remained flat (0%), while in March it fell by 0.3%.

In the debt market, the interest on the long-term German bond remained flat at first hour and stood at 2.244%, while the Spanish one rose to 3.329%.

Regarding raw materials, gold fell 0.32% and the price of an ounce was quoted at US$ 2,014, while oil fell, in the case of Brent, the benchmark in Europe, 0.47% to US$ 74.36 the price of a barrel, and the West Texas Intermediate (WTI), of reference in the US, 0.44% to US$ 70.56 a barrel, before the official opening of the market The euro appreciated a slight 0.16% compared to the “green ticket” and changed to US$ 1.093.