European stock markets open higher in a session led by American banks and the IPC

The European stock markets have opened the session of the last day of the week on the rise, with increases of around 0.50%, in a day in which they will be pending the American investment bank that begins to publish its results for the fourth quarter of 2023, as well as the CPI in Spain and France.

At the opening, the stock market that rose the most was that of Frankfurt, 0.66%, followed by Milan, with 0.58%; London, with 0.57%; Madrid, with 0.46%, and Paris, with 0.28%.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, also rose 0.53%. In Asia, the Nikkei, the main index of the Tokyo Stock Exchange, rose 1.50% todaythe benchmark index of the Shanghai Stock Exchange lost 0.16% today, the Shenzhen stock market fell 0.64% and the main indicator of the Seoul Stock Exchange, the Kospi, fell 0.6%.

Wall Street closed yesterday in mixed territory and its main indicator, the Dow Jones Industrial Average, rose 0.04% after learning that inflation in the United States rose somewhat more than expected in December.

Yesterday’s inflation data in the US has been followed today by Spain and France.

In the case of Spain, inflation moderated by one tenth in the month of December and the rate stands at 3.1%, while year-on-year inflation in France was 3.7% in December, two tenths more than in November.

Markets will also be attentive today to geopolitical risks following US and UK airstrikes against several cities controlled by Yemen’s Houthi rebels, in retaliation for attacks on international merchant ships in the Red Sea.

Regarding business results, data from JP Morgan, Bank of America, Wells Fargo, Citigroup and BlackRock stand out.

In the debt market, the interest rate on the German long-term bond falls and stands at 2.155%, while the Spanish bond also drops to 3.099%.

Regarding raw materials, gold rose 1.22% to reach the price per ounce at $2,043.

For its part, Brent oil, the benchmark in Europe, is advancing strongly, up 2.38% to $79.25, and West Texas Intermediate (WTI), the benchmark in the US, is also climbing 2.38%. .51% to $73.88 per barrel, before the official market opening.

Bitcoin, the most used cryptocurrency, fell 0.54% to $45,839, following the decision last Wednesday by the European stock market supervisor of the US, the SEC, to authorize the creation of exchange-traded funds (ETF) linked to the spot price of this cryptocurrency.

The euro is stable, with a slight rise of 0.04%, and is trading at $1.097.