Inflation in the Eurozone: 5 keys this Friday on the stock market

By: News Team

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Inflation in the Eurozone

Today we will be waiting for the confirmation of the CPI data in the Eurozone.

Business results season continues.

The petroleum It is trading upwards.

Cryptocurrencies are also moving higher this morning.

Here are the five factors that investors should consider today when making their decisions:

1. CPI in the Eurozone
At 11:00 Spanish time we will know the confirmation of the data of CPI in the Eurozone. The overall rate is expected to have risen by 8.5% and the underlying increase by 5.6%

2. Business results
Business results season continues. Today, Xpeng (NYSE) presents their figures:XPEV), Goodwin (LON:GDWN) and Ballard (NASDAQ:BLDP), among others.

3. Crypto and coffee, on the rise
The cryptocurrency sector continues to rise. The Bitcoin It is quoted at $ 25,000 and the Ethereum in the 1,700.

Attentive also to the price of the U.S. coffee these days. Today it moves at 179 dollars.

4. Asia and the American stock market
Positive sign today in the main Asian indices. The Nikkei up 1.1%, the Hang Seng of Hong Kong gains 1.4% and the Shanghai Composite 0.9% is recorded.

As for Wall Street, the market also ended in the green yesterday. The closures of the S&P 500 (+1.7%), NASDAQ (+2.4%) and Dow Jones (+1,1%).

5. Macro data
Among the macroeconomic references in Europe, the trade balance of Italy.

In the United States we will know the industrial production and the University of Michigan Consumer Confidence.

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