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European stock markets open in the red pending a vote to raise the US debt ceiling.

The european bags They have opened the session this Wednesday in the red pending the vote in the US Congress on the agreement that will allow the debt ceiling to be raised in this country, and on a day in which there are numerous macroeconomic references in the euro area.

At the opening, the stock market that gave the most is that of Milan, 0.83%, followed by Frankfurt, with 0.81%; Madrid, with 0.79%; London, with 0.65%, and Paris, with 0.04%.

The Euro Stoxx50, an index that includes the European companies with the largest capitalization, remains stable.

Today, the main index of the Tokyo Stock Exchange, the Nikkei, fell 1.41% due to the collection of benefits, breaking a four-day upward streak that had placed it at maximum levels for more than three decades.

For its part, Wall Street closed yesterday on mixed ground, and the Dow Jones Industrials, its main indicator, fell 0.15%, when investors eagerly await the Democrats and Republicans to reach an agreement on the price ceiling. US debt

In addition to said vote in the US, investors will be awaiting the final GDP data for the first quarter of the year in the euro area and preliminary inflation for May in France and Germany, as well as the unemployment rate in this last country.

In the US today the JOLTS survey number of available jobs will also be released.

In the case of France, year-on-year inflation slowed in May, thanks to containment in the prices of energy, food, manufactured goods and services, and stands at 5.1%, eight tenths less than in April.

As for Germany, the number of employed people residing in this country rose in April by 416,000 or 0.9% year-on-year, to around 45.7 million, according to provisional data published today by the Federal Statistical Office (Destatis ).

In the debt market, the interest on the ten-year German bond falls to 2.271%, while the Spanish one also falls to 3.316%.

Regarding raw materials, the price of gold falls slightly by 0.04% and the price of an ounce stands at US$ 1,976, while oil also falls, and in the case of Brent, the benchmark in Europe , the barrel is at US$ 73.52 after falling 0.26%, while the West Texas Intermediate (WTI), a reference in the US, falls 0.26% to US$ 69.28 the barrel.

The euro depreciates 0.49% against the dollar and changes to $1.068.

Source: Elcomercio

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