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European stock markets open flat pending the first inflation data

The European stock markets have opened this Wednesday’s session practically flat, after a session yesterday on Wall Street that started positively and ended in the red, and with the publication of the first inflation data in Spain, which has risen four tenths in March, up to 3.2%.

At the opening, the only stock market that stood out slightly was Madrid, with an increase of 0.20%, followed by Frankfurt, which advanced 0.03%, while London lost 0.10%, and Paris and Milan lost 0. .01% both.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, also fell 0.01%.

In Asia, the Tokyo Stock Exchange closed with a rise of 0.90% this Wednesday in its main index, the Nikkei, in a session in which investors gained courage due to the renewed weakness of the yen, which benefits Japan’s export muscle. For its part, the Shenzhen stock market fell 2.4%.

Wall Street closed this Tuesday in red and its main indicator, the Dow Jones Industrial Average, fell 0.08%, thus continuing the trend of recent sessions.

In a week marked by inflation data, and waiting for the US data to be released on Friday, Spain’s data was released this Wednesday, which rose four tenths in March, to 3.2%. mainly due to the increase in the cost of electricity and fuel, whose prices fell in the same month last year.

Today’s day in the eurozone will be led by the final consumer confidence data for the month of March, as well as the confidence indicators of the services, industrial and economic sectors.

Likewise, today the monetary policy of the Bank of Sweden will be known, from which stable rates are expected.

In the debt market, the interest on the ten-year German bond falls to 2.324%, while the Spanish one also falls to 3.154%.

As for oil, Brent, the benchmark in Europe, fell 0.88% to $84.89 per barrel, while West Texas Intermediate (WTI), the benchmark in the US, also dropped to 0. .92% to $80.87, before the official market opening.

Gold rises slightly, 0.11%, and the price per ounce stands at $2,179.

The euro depreciates a slight 0.05% and is exchanged at 1.0827 dollars.

Bitcoin, the most popular cryptocurrency on the market, fell more than 1% and stood at $69,904.

Source: Elcomercio

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