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European stock markets open almost flat as eurozone unemployment awaits

The European stock markets have opened this Tuesday’s session practically flat, with the exception of Madrid, which is the only one that falls, awaiting the unemployment data in the eurozone that will be known at 11 in the morning, while in the US. , the trade balance figure for November will be known.

At the opening, only Madrid lost 0.62%, while Milan rose 0.20%, London, 0.17%, Frankfurt, 0.13% and Paris was flat.

For its part, the Euro Stoxx50, an index that includes the largest capitalization European companies, also rose 0.05%.

Wall Street closed yesterday in green, driven by technology stocks, and the Nasdaq index, where the large companies in the sector are listed, rose 2.2%, up to 14,844 points.

For their part, the Asian stock markets closed today with mixed signs and while the Nikkei, the main index of the Tokyo Stock Exchange, rose 1.16%, the Kospi, the Seoul Stock Exchange’s benchmark index, fell 0. 26%.

On this day the unemployment rate for November in the eurozone will be known, and in Germany, the industrial production data for the same month, while in the US, the highlight will be the NFIB Small Business Optimism Index of December and the trade balance for the month of November.

In the debt market, the interest on the long-term German bond, considered the safest, rises to 2.171%, while the Spanish one also advances to 3.158%.

Regarding raw materials, gold climbed 0.29% to $2,039 per ounce, as did oil, which also rose.

In the case of Brent crude oil, the reference in Europe, the advance is 0.79% to 76.72 dollars per barrel, while West Texas Intermediate (WTI), the reference in the US, rises one 0.65% to $71.23 a barrel, before the official market opening.

Regarding currencies, the euro remains stable compared to the “greenback”, with a slight rise of 0.02% and is exchanged at 1.095 dollars.

Source: Elcomercio

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