European stock markets open higher with the eurozone CPI and the OPEC+ quote as references

The European stock markets have opened this Thursday’s session with slight increases, in a day in which their main references will be the inflation data in the eurozone, as well as the OPEC+ meeting, in which it will be seen if Saudi Arabia obtains support to reduce the supply of crude oil in order to stabilize prices.

At the opening, the stock market that rose the most was Milan, 0.32%, followed by Frankfurt, with 0.22%, Madrid, with 0.15%, Paris, with 0.13% and London , with 0.07%.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, was practically flat, losing 0.01%.

In Asia, the Tokyo Stock Exchange closed today with a 0.5% advance in its main indicator, the Nikkei, awaiting the publication of new indicators from the United States that offer clues about monetary policy in the world’s leading economy. while the Shanghai Stock Exchange benchmark index gained 0.26% and the Shenzhen stock market fell 0.18%.

Wall Street closed yesterday in mixed territory and its main indicator, the Dow Jones Industrial Average, rose 0.04% after a day of little movement focused on positive economic data.

A moderation of the November CPI in the eurozone is expected in both the general and underlying rates, although the latter will continue to double the 2% target, according to analysts.

The other big event in terms of prices will be with the Fed’s preferred inflation measure in the US, the underlying private consumption deflator, which could continue to moderate in October and the weekly employment data will also be known.

In the debt market, the interest rate on the long-term German bond drops to 2.406%, while the Spanish bond also drops to 3.412%.

Regarding raw materials, gold fell 0.08% and the price per ounce stood at $2,045, while oil rose, in the case of Brent, the benchmark in Europe, by 0.70% to 83.46 dollars a barrel, and West Texas Intermediate (WTI), a reference in the US, also rose 0.76% to 78.45 dollars.

In the currency market, the euro falls 0.11% compared to the “greenback” and is trading at $1.095.