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The European stock markets close with a mixed sign this Thursday

The main European stock markets have closed this Thursday with a mixed sign after the start of the meeting of the central banks in Jackson Hole, (USA), where tomorrow the president of the Federal Reserve (Fed), Jerome Powell, and the President of the European Central Bank (ECB), Christine Lagarde.

London has gained 0.18% and Madrid 0.1%, while Frankfurt has lost 0.68%; Milan 0.57%; Paris 0.44%, and the Euro Stoxx 50 index, which groups the main European listed companies, 0.81%, according to market data consulted by EFE.

The stock markets started higher and remained positive for much of the session, although as the day progressed they reduced their gains.

Shortly before the opening of Wall Street, the squares of Milan, Frankfurt and Paris touched losses and, after the start of the New York Stock Exchange, which opened positive and an hour later began to fall, these three parquets followed the trend of the New Yorker and closed in negative.

For their part, the Madrid and London indices traded higher throughout the session and closed with gains.

Today the markets have set their sights on the United States, where this Thursday the economic symposium held by the main world bankers in Jackson Hole (Wyoming) began.

Investors’ attention is focused on the interventions of Jerome Powell and Christine Lagarde, although the latter will intervene with the markets of the Old Continent already closed.

At the close of the European stock markets, Brent oil, the benchmark in Europe, fell 0.4%, to $82.9 per barrel, and the euro depreciated 0.3%, to $1,083.

In the debt market, the ten-year German bond, considered the safest, has closed with a yield of 2.507%, half a basis point less than the day before.

Source: Elcomercio

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