European stock markets advance although they lose strength after knowing the evolution of US prices.

The main European stock markets closed this Friday with gains, except for Madrid, although they deflated in the final stretch of the session after knowing the evolution of production prices in the United States (USA).

The place that gained the most was London, 1.5%, followed by Frankfurt, 0.41%; Paris, 0.32% and Milan, 0.12%. On the contrary, Madrid lost 0.41%.

The Eurostoxx 50, an index in which the largest capitalization companies in the euro area are listed, rose 0.47%.

For the week as a whole, Madrid has been the only stock that has fallen, 0.1%. The rest rose: Milan, 1.85%; London, 1.84%; Paris, 1.58% and Frankfurt, 1.13%.

The Eurostoxx 50 gained 1.06% cumulatively for the week.

In Asia, the Nikkei in Tokyo advanced 0.86%, the Hang Seng in Hong Kong, 2.48%; and the Kospi of Seoul, 1.34%.

In the US, Wall Street began the session with losses, a trend that continued at the close of the European stock markets, when the Dow Jones fell 0.08%; the S&P 500, 0.07% and the Nasdaq, 0.12%.

This Friday, the producer price index (PPI) in January was published in the US, which increased by 0.3% when projections placed this increase at only 0.1%.

This rebound seems to fuel fears of more persistent inflation than expected and, consequently, could delay interest rate cuts again.

In the raw materials market, a barrel of Brent, the benchmark oil in Europe, rose 0.29% at the close of European markets and cost $83.1.

The Troy ounce of gold appreciated by 0.14%, up to $2,007.

The euro remained flat and was trading at $1.077.

Bitcoin, the main cryptocurrency, advanced 1.49% to $52,136.

In the debt market, the German bond yield rose 4.3 basis points and stood at 2.399%.