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European stocks closed in the red with investors awaiting US inflation data.

The main European stock markets closed in red this Tuesday with investors awaiting US inflation data, which will be released on Wednesday, and the meeting of the Governing Council of the European Central Bank (ECB), which will be held Thursday.

The large European stock markets have worsened their falls when Wall Streetwhich had opened higher, has turned around.

Frankfurt It is down 1.32% in the session; Milan1.08%; Madrid0.88%; Paris, 0.86%; and London0.11%.

He Euro Stoxx 50which includes the largest European companies by capitalization, has lost 1.1%.

Previously, in Asiamost of the stock markets had closed positively. Tokyo has risen 1.08%; Hong Kong, 0.57%; and Shanghai0.05%, while Seoul 0.46% has been left.

On Wall Street, the main indices opened the session with slight increases, which turned into decreases shortly after.

At the closing time of the European markets, the Dow Jones 0.4% was left; the S&P 500, 0.3%; and the technological Nasdaq, 0.2%.

The fall in the stock markets has coincided with a rise in the price of sovereign bonds, which has led to a sharp decline in yields.

The German bond yield, considered the safest, has fallen to 2.369%.

The price of oil falls for the second consecutive session as tensions in the Middle East ease somewhat.

He Brentthe reference crude oil in Europe, down 0.5% and is trading at $89.9 per barrel.

Gold, however, maintains its bullish trend. The price of the gold metal today reached a new all-time high, above $2,365 per ounce, although it later lost steam and is now around $2,343.

The euro maintains positions against the US dollar and is exchanged at 1.0858 units.

Bitcoin, the most used currency, falls after several sessions on the rise and is around $68,900.

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Source: Elcomercio

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