European stock markets open with slight rises in line with the closings of Wall Street and Asia

The European stock markets have opened the session of this last day of the week with slight rises in a session without macroeconomic and business references, thus following the trail left by the closures of Wall Street yesterday and today the main Asian markets.

At the opening, the stock market that rose the most was that of London, with 0.16%, followed by Paris, with 0.13%; Milan, with 0.07%; Madrid, with 0.04%, and Frankfurt, with 0.02%.

The Euro Stoxx50, the index in which the largest capitalization European companies are listed, also rose 0.08%.

The Tokyo Stock Exchange closed today with an advance of 1.97% of its main indicator, the Nikkei, encouraged by the gains the day before on Wall Street and by expectations of a slowdown in rate hikes by the Federal Reserve (Fed) US.

He The consumer price index (CPI), the main indicator of inflation in China, registered a year-on-year increase of 0.2% in Maythus reversing the slowdown trend that had been taking place since last January.

Wall Street closed yesterday with increases and the Dow Jones Industrials, its main indicator, gained 0.50%, while the broader S&P 500 finished at its highest level so far this year and entered a new bull market.

This Thursday it became known that the eurozone has entered a technical recession after showing the final GDP of the first quarter that two consecutive quarters of negative quarterly growth have accumulated in line with what has been seen in Germany, although really the most correct thing given the small magnitude of the variations would be to speak of stagnation, according to what the Income analysts have highlighted 4.

It is foreseeable that this weakness will continue in the second quarter of the year given the slowdown in both domestic and global demand.

At the opening, the euro fell slightly by 0.08% and traded at US$1.077, while in the commodity market gold rose 0.09% and the price per ounce stood at $1,980.

As for oil, Brent, a benchmark in Europe, fell 0.50% and the price of a barrel stood at $75.58, and West Texas Intermediate (WTI), a benchmark in the US, also it yields 0.52% to 70.92 dollars the price of a barrel, before the official opening of the market.

These falls are caused not only by the risk of lower demand, but also by rumors that point to an agreement between the US and Iran on its nuclear program, which would pave the way for greater exports of Iranian crude, according to reports. highlighted the Renta 4 analysts.

Regarding the profitability of the debt, low, and the German ten-year bond, considered the safest, stands at 2.408%, while the Spanish one is at 3.39%.