European stock markets open with falls awaiting the PMI in various countries

The European stock markets have opened with falls after closing yesterday without major movements due to the lack of Wall Street that did not open its doors for the Labor Day holiday, in a session on Tuesday in which investors will be awaiting the indexes of purchasing managers (PMI) at the end of August in various countries.

At the opening, the stock market that falls the most is that of Paris, 0.73%, followed by London, with 0.63%, Frankfurt, with 0.61%, Milan, with 0.55% and Madrid , with 0.14%.

The Euro Stoxx50, an index that includes the European companies with the largest capitalization, also lost 0.60%.

The large European stock markets fell yesterday after a stock market session with low activity due to the closing of Wall Street and characterized by few relevant economic references for investors.

Today’s session will be marked by the publication of the eurozone PMIs, where the producer price index (PPI) for July will also be published.

Meanwhile, in the US, after closing yesterday for the holiday, today investors will have data on factory orders for July, as well as goods without transport.

The main index of the Tokyo Stock Exchange, the Nikkei, rose 0.2% on Tuesday, its seventh consecutive rise and with the Topix index reaching a new maximum in 33 years, before the weakness of the yen against the dollar.

In the debt market, the interest on the German bond rises and stands at 2.591%, while the Spanish one also rises to 3.430%.

As for oil, Brent, a benchmark in Europe, falls 0.47% to $88.58 a barrel, while West Texas Intermediate (WTI) also falls 0.44% to 85.60 dollars, before the official opening of the market.

The euro falls 0.25% compared to the “green ticket” and changes to 1.076 dollars.