At around 09:10 in Lisbon, the EuroStoxx 600 was up by 0.11% to 545.55 points.
The stock exchanges in London, Paris, and Frankfurt rose by 0.22%, 0.51%, and 0.19%, respectively, while those in Madrid and Milan increased by 0.74% and 0.5%.
The Lisbon stock exchange maintained its opening trend, and at 09:10, the main index, the PSI, was also up by 0.54% to 7,516.04 points, against a new high since May 6, 2014, of 7,527.31 points recorded on June 12.
On today’s agenda, the eurozone will release first-quarter labor costs on a year-on-year basis, while in the U.S., the New York Fed will disclose the June manufacturing survey.
The Organization of the Petroleum Exporting Countries (OPEC) will also present the June monthly report on crude oil supply and demand, coinciding with a sharp rise in prices due to Israel’s attacks on Iran’s nuclear facilities.
Brent crude, the European benchmark, for August delivery was up 0.44% at this time, with the price per barrel standing at $74.58, although it increased by more than 7% in the London futures market amid fears of a disruption in Middle Eastern oil supply following Israel’s attacks on Iran.
The West Texas Intermediate (WTI), the U.S. benchmark, rose by 0.76% and was trading at $71.82 per barrel before the official market opening.
In Asia, Tokyo’s Nikkei index closed up by 1.26%, while the Shanghai Composite rose by 0.35% and Shenzhen increased by 0.41%.
The Bank of Japan (BoJ) commenced a two-day monetary policy meeting today, with many analysts expecting it to maintain interest rates and possibly slow the reduction of government bond purchases.
Wall Street closed last Friday with a decline of over 1% in its indicators, following cross-border attacks between Israel and Iran, which generated market volatility, spiking oil prices, and pushing gold prices to historic highs.
The Dow Jones ended down 1.79% to 42,197.79 points, compared with the all-time high since the index’s inception in 1896, of 45,014.04 points on December 4, 2024.
The Nasdaq, a high-tech index, closed down 1.30% to 19,406.83 points, against its all-time high of 20,173.89 points recorded on December 16, 2024.
At this time, Wall Street futures were up 0.26% for the Dow Jones Industrials, 0.36% for the S&P 500, and 0.44% for the Nasdaq.
The yield on Germany’s 10-year bond, considered the safest in Europe, rose to 2.576%, against 2.533% in the previous session.
Gold per troy ounce, a safe-haven asset, was down to $3,413.95, compared to $3,432.34 on Friday, a new historical high.
The euro rose to $1.1577 in the Frankfurt foreign exchange market, against $1.1549 on Friday, a new high since November 9, 2021.
