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European stock markets open with small losses

Most of the main European markets began Friday’s session with small losses conditioned by the fall in futures on US indices, according to market data.

At 9:15 a.m., London lost 0.14%; Frankfurt, 0.12%; Milan, 0.11%; and Paris, 0.01%. The Euro Stoxx index repeated its trading and Madrid rose 0.08%.

The European stock markets began the day conditioned by the 0.1% drop in US futures and after the European Central Bank (ECB) hinted on Thursday that interest rates could fall in the summer after revising forecasts downwards. growth and inflation for this year.

Wall Street had risen on Thursday: the Nasdaq Composite 1.51%, the S&P 500 1.03% and the Dow Jones Industrials 0.34%.

Asian stocks rose, with Seoul leading the way and up 1.24%. Hong Kong gained 0.76%, Shanghai 0.62% and Tokyo 0.23%.

This Friday the 1% increase in German industrial production in January was announced. Investors will be watching the 2023 Eurozone GDP and employment data and developments in the US labor market last month.

The price of the euro fell 0.12% and was trading at $1.0935.

The interest rate on long-term German debt fell almost two basis points and stood at 2.289%.

The troy ounce of gold was still in the high zone but fell 0.21% and was trading at $2,164.6.

The barrel of Brent oil rose 0.81% to 83.63%.

Bitcoin fell 0.11% and set its price at 67,260 euros.

Source: Elcomercio

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