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European stock markets fall just under 1% after opening

European stock markets began the day with moderate losses, between 0.5 and 1%, affected by the fall in US futures and after inflation increased in Germany in December.

Twenty minutes after the opening, the fall of 0.96% in Madrid stood out, while Milan lost 0.85%, the Euro Stoxx 50 index 0.77%, Frankfurt 0.74%, Paris 0.68 % and London 0.53%.

The futures on the US indices were losing just over 0.5% at this time and most of the Asian markets had fallen.

Furthermore, it had been published that the German CPI for December stood at 3.7% year-on-year, five tenths more than the previous month.

It was also known that the unemployment rate in the United Kingdom remained at 4.2% in November.

Investors will be paying attention today to investment confidence in Germany and the euro zone (ZEW index) this month, as well as inflation data in Italy.

Wall Street closed yesterday for a holiday, while losses predominated in Asia, which in the case of Tokyo rose to 0.79%, which cut short a six-session upward streak in which it set its highest levels for 34 years.

For its part, Hong Kong fell 2.16% and Seoul 1.12%, while Shanghai advanced 0.61%.

The euro price was about to lose the level of 1.09 dollars and was at this time at 1.0901 dollars with a drop of 0.45%.

The long-term German bond interest rate remained at 2.224%.

A barrel of Brent oil was trading at $78.25, up 0.13%.

The price of bitcoin rose to $42,810, 0.29%.

Source: Elcomercio

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