The main European scholarships opened downwards, with Brent's barrel above 115 dollars, awaiting the decision of the US Federal Reserve on the director fees, which is expected to remain in the range of 3.75%-4%.
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28/10/2026
by
Lusa
Athe main European scholarships opened today low, with Brent's barrel above 115 dollars, concentrated on the decision of the US Federal Reserve (Fed) on the principal rates, which predictably will keep them in the range 3.75%-4%.
At 09:00 in Lisbon, the EuroStoxx 600 dropped 0.16% to 642.68 points.
The London and Frankfurt scholarships yielded 0.30% and 0.12%, as well as those in Madrid and Milan, which fell 1.08% and 0.18%.
Paris was the exception, since it went up 0.01%.
The Lisbon grant maintained the opening trend, with the main index, PSI, falling 0.34% to 9.221.67 points.
The euro was stable against the dollar, below $1.12, and to be negotiated at $1.1125 on the Frankfurt exchange market.
Today, the scholarships are attentive to the Fed’s decision on interest rates, which will be known with the European market already closed, as well as the decision of the Bank of Canada, which predictably – unlike the Fed which should maintain them – will increase them.
Meanwhile, the European Central Bank (ECB) and the Bank of Japan (BoJ) are starting their monetary policy meetings today and the market is anticipating the maintenance of rates.
Due to the tension in the Middle East, the price of Brent's generic reference barrel contract in Europe rose by 1.25% to $115.30 and that of the reference West Texas Intermediate barrel (WTI) in the US, it increased by 1.60% to $110.50.
The price of the active natural gas contract on the Dutch TFF market, a reference in Europe, rose by 1.76% to 97,755 euros per megawatt hour (MWh).
In the commodity market, gold falls 0.08% to 4,056,76 dollars and silver 0.64%, with the ounce to 54,0800 dollars.
The market is also aware of the numerous business results that are being published, notably in Spain those of Banco Santander, which achieved a new record result in the first nine months of the year, by earning a further 20% boosted by the sale of its subsidiary in Poland and by the purchase of Webster Bank in the US and TSB in the UK, extraordinary factors without which it would have won a further 16%.
The largest bank in Switzerland, UBS, also publishes the results of the third quarter and the first nine months of 2026, at a time of tensions with the Swiss authorities due to the new demands for capital maintenance and the rumours of a possible departure from the entity.
In the USA, Microsoft and Alphabet, the owner of Google and YouTube, publish results.
The futures of the U.S. indices fall by 0.23% in the case of Dow Jones and 0.40% in the case of the Nasdaq technology, after both of them were closed on the eve.
In Asia, the South Korean Kospi closed with an advance of 6.63%, the Tokyo Nikkei with 1.52%, the Shanghai stock exchange with 0.91%, Shenzhen with 2.02%, and Hong Kong Hang Seng advanced 0.15% in the session's fianl.
On the securities market, the interest on Germany's 10-year bond, considered the safest in Europe, rose to 3.365%, to 3.358%, and from France to 4.943%, to 4.922%.
The risk premium for France, the 10-year interest differential for Germany, fell to some 158 basis points after reaching a maximum of 15 years last week and remained above those of Italy, Spain, Greece and Portugal.
U.S. debt interest rose to 5.006% against 4.999% the day before.
As for macroeconomic data, today attention will be given to consumer confidence GfK in Germany, which in November will remain depressed, according to Renta4 analysts, in a context of loss of purchasing power due to energy shock and the background of higher interest rates.
At this session, the grants will also be attentive to the presentation of the State Budget in the United Kingdom.
Bitcoin was rising 0.46% to $81,047.