European stock markets open with falls of around 1% awaiting the ECB meeting

The european bags have opened this Thursday with falls of around 1%, following the path marked by Wall Street yesterday at the close, in a session in which investors will focus on the result of the meeting of the European Central Bank (ECB) in which interest rates are expected to remain the same.

At the opening, the stock market that fell the most was Frankfurt, 1.15%, followed by Paris, with 1.03%, Milan, with 0.70%, Madrid, with 0.63% and London , with 0.51%.

The Euro Stoxx50, the index in which the largest European capitalization companies are listed, also lost 1.09%.

Wall Street closed yesterday Wednesday in red and one of its main indicators, the Nasdaq, lost 2.43% in its worst day since February, placing it in correction territory.

For its part, the Tokyo Stock Exchange fell 2.14% this Thursday, thus breaking a two-day positive streak, in the wake of the poor results of Wall Street the day before, technology companies and the renewed weakness of the yen against the dollar, which was exchanged today at 150 yen per greenback.

In addition to the meeting of the Governing Council of the ECB, today investors have another important appointment in the afternoon, since the preliminary estimate of the GDP for the third quarter of this country is published in the US.

In Spain it has been known that the labor market created 209,100 jobs in the third quarter, driven by services, reaching an employment record with 21.26 million workers, according to the Active Population Survey (EPA) published this Thursday in the National Institute of Statistics (INE).

In addition, the presentation of business results continues and among those that have been published in Spain are those of Banco Sabadell and Iberdrola, which earned 44.9% and 17% more, respectively, and those of Repsol, with 14% less .

In the debt market, the interest on the long-term German bond rises to 2.926% while the Spanish one also rises to 4.040%.

Regarding raw materials, gold advances 0.07% and the price per ounce stands at $1,996.

Brent oil, the reference in Europe, fell 0.53% to $89.65 per barrel, while the reference in the US, West Texas Intermediate (WTI), also fell 0.66 % to $84.83, before the official market opening.

Bitcoin rises 1.38% and stands at $34,590, while the euro depreciates 0.20% and is trading at $1.054.