At approximately 09:10 in Lisbon, the EuroStoxx 600 rose 0.32% to 548.74 points.
London, Paris, and Frankfurt stock exchanges increased by 0.08%, 0.35%, and 0.36%, respectively, while Milan saw a gain of 0.04%.
Madrid was the exception, with a decline of 0.01%.
Lisbon’s stock exchange maintained the opening trend, with the main index, PSI, advancing 0.77% to 7,766.81 points at 09:10, against the current high since May 6, 2011, of 7,791.75 points on July 9.
Meanwhile, Brussels continues to work on possible retaliation against the US if an agreement isn’t reached by August, following US President Donald Trump’s threat to impose 100% tariffs on Russia if no agreement regarding the Ukraine war is achieved in the next 50 days.
In Spain, it was announced today that the Consumer Price Index (CPI) accelerated by three-tenths of a percentage point in June to 2.3%, with food prices increasing to 2.8%.
European markets are awaiting the four-year government plan presented by French Prime Minister François Bayrou to recover public finances and control the worrying increase in debt.
In Asia, the Tokyo Stock Exchange closed up 0.55%, driven by gains on Wall Street at the beginning of the week, though the rise was limited by the growth of Japan’s 10-year bond, which today reached its highest level in almost 17 years, while the Shanghai Stock Exchange index fell 0.42%, and Shenzhen rose 0.56%.
It was also announced that European Commission President Ursula von der Leyen and European Council President António Costa plan to visit Japan next week to forge an alliance with Tokyo aimed at expanding cooperation in various areas amid fears of a trade war, as reported by Japanese media today.
Regarding the day’s macroeconomic data in Asia, China’s Gross Domestic Product (GDP) grew by 1.1% in the second quarter compared to the previous quarter, according to official data released today by the country’s National Statistics Office (NSO).
With anticipation building for today’s data on U.S. inflation for June, following May’s 2.4% year-on-year increase, one-tenth above April’s figure, Wall Street futures are advancing with gains of 0.06% for the Dow Jones Industrials, 0.30% for the S&P 500, and 0.48% for the Nasdaq, after the three indices closed with slight increases on Monday.
The Nasdaq, a high-tech stock index, closed up 0.27% at 20,640.33 points.
The Dow Jones ended up 0.20% at 44,459.65 points, compared to the all-time high since the index’s inception in 1896 of 45,014.04 points on December 4, 2024.
Meanwhile, oil prices fell as the market awaits the July monthly report presented today by the Organization of the Petroleum Exporting Countries (OPEC) regarding crude oil supply and demand amid international market uncertainty due to U.S. tariff policy.
Brent crude, the benchmark in Europe, for September delivery, decreased to $68.68, compared to $69.21 on Monday.
West Texas Intermediate crude, the U.S. benchmark, fell to $65.26 before the official market opening.
Gold per troy ounce, a safe-haven asset, rose to $3,360.54, up from $3,347.89 on Monday, and the current all-time high of $3,432.34 on June 13.
Germany’s 10-year bond yields decreased to 2.708%, down from 2.728%.
Bitcoin, after recovering to a new all-time high of $123,000 on Monday, fell 2.68% today to $116,979.
The euro rose to $1.1677 in the Frankfurt foreign exchange market, up from $1.1662 on Monday and a new high since September 15, 2021, of $1.1789 on July 2.
