European stock markets open higher on January 23

The European stock markets have opened this Tuesday’s session with slight increases, after learning that the Bank of Japan (BoJ), in line with expectations, is keeping interest rates unchanged, although it has not given any clues as to when it will begin to normalize its ultra-expansive monetary policy.

At the opening, all European stock markets rose around 0.30%, so London advanced 0.48%; Paris, 0.47%; Frankfurt, 0.39%; Milan, 0.37%, and Madrid, 0.33%, while the Euro Stoxx50, an index in which the largest capitalization European companies are listed, gained 0.36%.

The Tokyo Stock Exchange closed today with a decline of 0.08% of its main indicator, the Nikkei, after the conclusion of the two-day meeting of the Japanese central bank (BoJ), in which its monetary policy remained unchanged.

On the contrary, the Shanghai Stock Exchange benchmark index rose 0.53%; the Shenzhen stock market, 1.38%, and the main indicator of Seoul, the Kospi, 0.58%, encouraged by the gains of Wall Street, which closed yesterday in green and its main indicator, the Dow Jones Industrial , set a historical record by exceeding 38,000 points.

At the close of trading on the New York Stock Exchange, the Dow Jones rose 0.37%; the selective S&P 500, 0.22%, and the Nasdaq, where the large technology companies are listed, 0.32%.

Investors will be paying attention this session to consumer confidence data in the eurozone, which will continue to recover, although gradually, and given the expectation of rate cuts throughout the year, according to analysts at Renta 4 and the Redbook index. retail sales as well as Richmond’s service sector.

At the business level, Netflix’s results stand out.

In the debt market, the interest on the long-term German bond, considered the safest, rises to 2.319%, while the Spanish one also advances to 3.231%.

Regarding raw materials, gold rose 0.46% and the price per ounce stood at $2,031.

For its part, oil registers moderate advances, which are 0.20% in the case of Brent, the reference in Europe, with the price of a barrel standing at 80.22 dollars, while West Texas Intermediate (WTI), benchmark in the US, rises 0.24% to $74.94 per barrel.

The euro appreciates 0.22% and is exchanged at 1,090 dollars.