European stock markets open flat, in a week pending on central banks

The European stock markets have opened this Monday’s session flat with an upward trend, in a week in which attention will once again be focused on the meetings of the central banks and what they can advance on their monetary policy.

At the opening, the stock market that rose the most is Frankfurt, with 0.21%, followed by Milan, with 0.18%; London, with 0.04%; Madrid, with 0.03%, and Paris, with 0.01%.

The Euro Stoxx50, an index in which the largest capitalization European indices are listed, also rose 0.31%.

In Asia, the Tokyo Stock Exchange closed with a rise of 2.67% of its main indicator, the Nikkei, as did the Shanghai Stock Exchange, which gained 0.99%, the Shenzhen stock market, with 1.46 % and the main indicator of the Seoul Stock Exchange, the Kospi, with 0.71%.

For its part, Wall Street closed last Friday in red and its main indicator, the Dow Jones Industrial Average, fell 0.49%, the S&P 500 fell 0.65% and the Nasdaq fell 0.96%.

Attention on this day is focused on the final data of the interannual CPI of the eurozone, while in the US the March indices of service business activity of the New York Fed and the NAHB on the real estate market will be known, but what really stands out this week are the central bank meetings.

Tomorrow, Tuesday, the Bank of Japan’s (BoJ) interest rate decisions will be announced, while on Wednesday it will be the turn of the Federal Reserve (Fed) and on Thursday, the Bank of England (BoJ).

Investors will also be attentive to the leading indicators of the March cycle such as the Purchasing Managers’ Indices (PMI), the business climate (IFO) or the German ZEW business confidence survey.

In the debt market, the interest rate on the long-term German bond, considered the safest, remains flat at 2.436%, while the Spanish bond falls to 3.229%.

Regarding raw materials, gold fell 0.35% to $2,154 per ounce.

Brent oil, a reference in Europe, rose 0.63% and changed to $95.88, and West Texas Intermediate (WIT), a reference in the US, also fell 0.67% to $95.88. 81.10 dollars a barrel, before the official opening of the market.

Bitcoin, the most popular cryptocurrency on the market, registered an increase of 3.65% this Monday to $68,003 and the euro rose 0.07% and was trading at $1.089.