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European stock markets open higher pending the publication of purchasing management indices

European stock markets have opened higher in a session that will be marked by the publication of the preliminary purchasing managers’ indices (PMI) for the month of January in the eurozone, Germany, the United Kingdom and the United States, after closing yesterday with falls.

At the opening, the stock market that rose the most was Frankfurt, with 0.97%, followed by London, with 0.57%; Madrid, with 0.37%; Milan, with 0.32%, and Paris, with 0.31%.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, also rose 1.34% at the opening.

In Asia, the benchmark index of the Shanghai Stock Exchange gained 1.8% today, the Shenzhen stock market gained 1%, while the Tokyo Stock Exchange, the Nikkei, closed with a drop of 0.8% and the the Seoul Stock Exchange, the Kospi, 0.36%.

For its part, the New York Stock Exchange closed in a mixed tone, so that the Dow Jones Industrial Average fell 0.25%, while the selective S&P 500 gained 0.25% and the Nasdaq index, 0.43 %.

Investors will also be watching Donald Trump’s victory in New Hampshire today, which brings him closer to being the Republican candidate for the November presidential elections.

In the debt market, the interest rate on the ten-year German bond, considered the safest, fell to 2.326%, and the Spanish bond also fell to 3.241%.

Regarding raw materials, gold rises 0.23% and the price per ounce is at $2,030.

Oil rises, in the case of Brent, the reference in Europe, advancing 0.50%, placing the price per barrel at 79.96 dollars, and West Texas Intermediate (WTI), the reference in the US, It advances 0.51% to $74.75.

Bitcoin, the best-known cryptocurrency on the market, climbed 1.12% and stood at $39,897.

The euro also appreciates 0.19% today and is trading at $1.087.

Source: Elcomercio

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