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European stock markets open with falls of close to 1% pending the US debt ceiling.

The European stock markets have opened this Wednesday with falls of close to 1% while negotiations between Republicans and Democrats in the US are still pending, to deal with the issue of the American debt ceiling, in a session in which relevant data will continue to be known both activity and prices.

At the opening, the stock markets that fell the most were those of Paris and London, both with 0.98%, followed by Madrid, with 0.92%; Frankfurt, with 0.83%, and Milan, with 0.77%.

For its part, the Euro Stoxx50, an index that includes the European companies with the largest capitalization, also lost 0.91%.

The Tokyo Nikkei Index closed today with a fall of 0.85% and stood at 30,693 points.

Wall Street closed yesterday in the red, and the Dow Jones Industrials, its main indicator, fell 0.69%, with the two main parties in Congress still immersed in talks about the sovereign debt ceiling in the US. between crossed accusations of irresponsibility.

At this time it has already been known that year-on-year inflation in the United Kingdom fell considerably last April to 8.7%, compared to 10.1% registered in March, which represents the first drop below 10%. since August of last year, the National Statistics Office (ONS) reported this Wednesday.

In the eurozone, the end of April CPI in general, interannual and monthly rates will be known today. The euro appreciates slightly by 0.10% and changes to US$ 1.078.

Brent oil, the benchmark in Europe, rises 0.75% and costs US$ 77.42 a barrel, and West Texas Intermediate (WTI), the benchmark in the US, also rises 0.96% up to US$ 73.61, before the official opening of the market.

Likewise, the interest on long-term debt in Germany, considered the safest, rises to 2.492%.

Source: Elcomercio

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