The European stock markets open with mixed behavior in a session with inflation data

The European stock markets have opened the session this Friday with a mixed behavior and with an eye on the publication of the preliminary figures for July related to the CPI.

In the first minutes of the session, while Madrid and London registered increases of 0.23% and 0.07%, respectively, Frankfurt fell 0.31%; Paris, 0.23%, and Milan, 0.16%.

The Euro Stoxx50, the index in which the largest capitalization European companies are listed, also dropped 0.23%.

In Spain, it has already been known that prices rose 2.3% in July compared to the same month of 2022, a rate four tenths higher than that of June (1.9%), which represents a new rise in inflation after two consecutive months of moderation.

Likewise, inflation in France slightly reduced its rise last July, to stand at 4.3%, two tenths less than in the previous month, thanks to cheaper energy and the moderation of food.

The main index of the Tokyo Stock Exchange, the Nikkei, fell 0.4% this Friday after an extremely volatile session marked by the monthly meeting of the Bank of Japan (BoJ), in which it has decided to give a greater range to yields long term.

The BoJ decided at the end of its two-day monthly monetary policy meeting to allow 10-year government bond yields to fluctuate further upwards, up to 1%.

Wall Street closed yesterday in red in all its indicators and the Dow Jones Industrials fell 0.67%, ending a historic streak of 13 consecutive days of rises that was reached yesterday and had not been seen since 1987.

Oil, which began falling, has begun to rise, and Brent, the benchmark in Europe, rises 0.08% and stands at $84.31, while West Texas Intermediate (WTI) advances 0. 14% to 80.2 dollars a barrel, before the official opening of the market.

The euro yields 0.19% and changes to US$ 1.095.