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European stock markets open with slight falls on the day the Fed meeting begins

The European stock markets have opened with slight falls, lower than those they closed yesterday, on the day that the meeting of the Federal Reserve (Fed) of the US, in which it will determine its monetary policy and the result of which will be known tomorrow.

At the opening, the stock market that fell the most was that of Madrid, 0.19%, followed by Frankfurt, with 0.17%; Milan, with 0.13%; Paris, with 0.06%, and London, with 0.05%.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, also fell 0.26%.

The main index of the Tokyo Stock Exchange, the Nikkei, fell 0.87% today, after a festive day, and dragged by technology companies and with the eyes of Japanese investors also focused on the Fed meeting.

Wall Street closed yesterday in green, but almost flat, and its main indicator, the Dow Jones Industrial Average, rose a slight 0.02% after a day of little movement awaiting the next steps of the US Federal Reserve .

The macroeconomic agenda of the session highlights the publication of the final reading of the August CPI for the eurozone, and the economic outlook of the OECD will also be known.

In the US, monthly data for new homes for August will also be published.

In the debt market, the interest on the ten-year German bond drops to 2.712%, while the Spanish one also drops to 3.784%.

Regarding raw materials, gold fell a slight 0.03% to $1,952 per ounce, while Brent oil, the benchmark in Europe, rose 0.54% and the price per barrel stood at 94 .94 dollars, and the West Texas Intermediate (WTI), the benchmark in the US, also rose 0.77% to 91.28 dollars.

The euro depreciates a slight 0.09% and is exchanged at 1.068 dollars.

Source: Elcomercio

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