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European stock markets open with a mixed sign in a session marked by CPI data

The European stock markets have opened with a mixed sign and slight rises and falls, in a session that will be focused on the publication of preliminary inflation data for November, both in Spain and Germany, as well as the final consumer confidence index. of that same month in the eurozone.

At the opening, while Madrid, with 0.16% and Frankfurt, with 0.06%, have risen, Paris has been flat, and London has lost 0.33%, while Milan has fallen by 0, 03%.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, fell 0.12% at the opening.

The European stock markets also closed yesterday with a mixed sign in a session in which investors were attentive to the United States, where consumer confidence improved and housing prices accelerated and Madrid managed to close above 10,000 points, a level that It had not surpassed the closure since February 2020.

In Spain, it has already been known that prices rose by 3.2% this month, three tenths less than in October, mainly due to the greater decreases in the prices of fuel and tourist packages, as well as a lower increase in food and non-alcoholic beverages compared to a year ago.

The Tokyo Stock Exchange closed today with a decline of 0.26% of its main indicator, the Nikkei, due to the appreciation of the yen against other currencies, which harms the Japanese export sector; For its part, the Shanghai Stock Exchange benchmark index closed with losses of 0.56% and the Shenzhen fell 0.91%.

Wall Street closed yesterday in green and its main indicator, the Dow Jones Industrial Average, rose 0.24%, after the Federal Reserve gave hope to investors that it would not be necessary to raise interest rates further.

In the US, the annualized quarterly GDP revision for the third quarter will be released, along with its personal consumption component, and the Fed will publish the Beige Book.

In the debt market, the interest on the long-term German bond falls to 2.431%, while the Spanish one also falls to 3.432%.

Regarding oil, Brent, the reference in Europe, rises 0.12% to $81.57 per barrel, while West Texas Intermediate (WTI), the reference in the US, climbs 0.26 % to $76.60 a barrel, before the official market opening.

Gold appreciates 0.19% and the price per ounce stands at $2,043.

For its part, the euro falls a mere 0.03% and is trading at $1.098.

Source: Elcomercio

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