European stock markets continue their upward trend driven by Wall Street

European stock markets continue with an upward trend, as in yesterday’s session, driven by the good performance of the US Stock Market and the Tokyo market.

Minutes after the opening, the stock market that rose the most was the London Stock Exchange, with 0.72%; followed by Paris, with 0.45%; Frankfurt, with 0.39%; Milan, with 0.28%, and Madrid, with 0.20%.

Yesterday the minutes of the European Central Bank (ECB) relating to its meeting on December 14 were published, which indicate that at that time it was not yet considering rate cuts to the extent that, although it was more cautious about the evolution of growth economic, the work of fighting inflation is not yet finished, according to Renta 4 analysts.

In Asia, the Tokyo Stock Exchange closed today with an advance of 1.4% in its main indicator, the Nikkei, while the Shanghai Stock Exchange benchmark index lost 0.47% and the Shenzhen stock market fell to 0. .68%.

For its part, Wall Street closed yesterday in green and its main indicator, the Dow Jones Industrial Average, rose 0.54%, in a session in which technology companies led the charge, with Apple in the lead, which rose 3.4%.

In today’s session, the highlights will be the German producer price index (PPI) and the year-on-year housing transaction data for November in Spain.

Meanwhile, in the US, the University of Michigan will release preliminary data for January on consumer confidence and December home sales.

In the debt market, the interest on the long-term German bond rises to 2.313%, and the Spanish one falls to 3.249%.

Regarding raw materials, gold rose 0.35% to reach the price per ounce at 2,028 dollars, and Brent oil, the reference in Europe, climbed 0.33% and the price of a barrel was trading at 79 $.36.

For its part, West Texas Intermediate (WTI), the benchmark in the US, also rose 0.35% to $74.21.

The euro, practically stable, is exchanged at 1,087 dollars.

For its part, bitcoin depreciates 3.61% and is at $41,182.