European stock exchanges down due to oil and sovereign interest

Athe main European grants opened today at a low level, paying attention to sovereign debts, oil and concern with the AI expenditures that caused strong falls of the companies in the sector on US stock exchanges on the eve.

At 9:15 in Lisbon, the EuroStoxx 600 dropped 0.34% to 635.60 points.

The grants from London, Paris and Frankfurt were 0.33%, 0.81% and 0.54%, as well as those from Madrid and Milan, which fell 0.18% and 0.07%, respectively.

The Lisbon grant maintained the opening trend, with the main index, PSI, rising 0.46% to 9.280,05 points.

The euro was down from the dollar, below $1.12, and dwindling 0.16% to $1.1198 on the Frankfurt exchange market.

The New York Times, which cites high-ranking U.S. and other sources, stated that the U.S. and Israeli armies developed new plans to re-attack Iran after the U.S. mid-term elections on November 3rd.

This information led to a rise in oil, with the price of the reference generic Brent barrel contract in Europe, to move 0.81% to $144.99 and the reference West Texas Intermediate barrel (WTI) in the US, to shoot 1.01% to $100.47.

The price of the active natural gas contract on the Dutch TFF market, a reference in Europe, increased by 3.86% to 93.52 euros per megawatt hour (MWh).

Furthermore, the delicate economic situation in France today has again led the risk premium to exceed 170 basis points, a maximum since 2011, after the interest has easily exceeded the 5% barrier, rising to a maximum since 2002 the cost of financing France.

Germany's 10-year bond interest, considered the safest in Europe, fell to 3.311% against 3.332%, as well as the French debt to 5.058%, against 5.073% on the eve, a maximum since July 2002.

France's risk premium, the 10-year interest differential against those in Germany, continued to rise to some 174 basis points in the last 15 years and above those in Italy, Spain, Greece and Portugal.

US interest rose to 4.969%, compared to 4.955% on Thursday. As for precious metals, gold has a fall of 0.26%, with the ounce at 4,014.22 dollars, while silver drops 1.27%, to 53,8796 dollars per ounce.

In the U.S., doubts about the profitability of investments in Artificial Intelligence (IA) and the rise in oil led the Nasdaq technology to fall 2.6%, with the Meta's actions falling 6.98%, AMD 8.1%, Micron 6.26% and Nvidia 4.4%.

The futures of the U.S. indices have a loss of 0.38% for Dow Jones and a rise of 0.10% for Nasdaq technology.

In Asia, the Kospi South Korean index rose by 0.16%, while Tokyo's Nikkei dropped by 0.22%, Shanghai's stock exchange progressed by 0.76%, Shenzhen 3.03%, and Hong Kong's Hang Seng gained 0.98% just before the end of the session.

The agenda of the day highlights the dissemination of MIPs of the manufacturing industry and services of October in the euro area, France, Germany, the United Kingdom and the US, as well as the research of the ECB's consumer expectations and consumer confidence of the University of Michigan.

Bitcoin recovered from the fall suffered on Thursday and was advancing 0.79% and approaching $82,000.