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European stock markets open mixed and cautiously pending inflation data

The main European stock markets have opened this Wednesday cautiously and with a mixed trend in a day that will be loaded with important macroeconomic references such as inflation data from Germany and Spain.

Half an hour after the opening of the session, London stands out by rising 0.50%; followed by Milan, 0.38%, while Madrid advanced a slight 0.10%.

Paris falls 0.03%; Frankfurt, 0.07%, and the Euro Stoxx 50 index, which brings together the main European listed companies, 0.33%.

Most of the markets on the Old Continent are trading cautiously today after several consecutive positive sessions, and are waiting to see a battery of relevant macroeconomic data.

Among them, it has been published that in Spain prices rose by 2.6% in the interannual rate in August, according to advanced data.

There will also be the German CPI, the euro zone consumer confidence, the first revision of the second quarter GDP in the United States and the ADP employment report, a data prior to the official employment report that will be published on Friday.

The euro is trading at this time at $1,086, while in the debt market the yield of the ten-year German bond, the reference, reaches 2.557%.

The price of Brent oil, the benchmark in the Old Continent, rises 0.49%, to $85.91 a barrel.

Gold falls 0.10%, to $1,935.6 an ounce.

Source: Elcomercio

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