European stock markets open higher pending the preliminary CPI in the euro area

The European stock markets have opened the session this Friday slightly upwards, with increases of around 0.30%, in a day in which they will be awaiting the publication of the preliminary estimate of the inflation rate in the euro area in June, after it fell nine tenths in May, to 6.1%.

At the opening, the stock market that rose the most was that of Madrid, 0.31%, followed by Frankfurt and London, both with 0.29%, and Milan, with 0.28%.

For its part, the Euro Stoxx50, the index in which the European companies with the largest capitalization are listed, also rose 0.15%.

The Tokyo Stock Exchange closed today with a decrease of 0.14% in its main indicator, the Nikkei, due to the caution of investors in the face of the continued devaluation of the yen and the warnings from the Japanese authorities about a possible intervention.

Wall Street closed yesterday in mixed terrain and the Dow Jones Industrials, its main indicator, added 0.80%, due to the boost from banks after passing the annual stress test of the US Federal Reserve (Fed)

The highlight of today’s session will be, in addition to the publication of the preliminary inflation rate in the euro area, this same data in France and Portugal, while in the US, the underlying private consumption deflator for May will be released ,

In the debt market, the interest on the ten-year German bond, considered the safest, rises to 2.424%, while the Spanish also long-term advances to 3.408%.

As regards raw materials, gold falls 0.20% and an ounce is trading at $1,914, while Brent crude, the benchmark in Europe, rises 0.21% and a barrel is trading at 74 .67 dollars.

The West Texas Intermediate (WTI), a reference in the US, also rises 0.07% to reach US$ 69.91 a barrel, before the official opening of the market.

The euro falls 0.05% and changes to US$ 1.085.