The scare of the weekend was monumental in Brussels, and even future Americans, the first to work this morning to digest the news that Trump sent a surprise letter with the round number of 30% as tariffs to impose on the European Union from August 1, they already pointed ways.
Falls then, but barely higher than half a point, which have then been reflected in the European opening, somewhat more concerned, depending on the tariff effect in each country. And, although we talk about a general negotiation of community countries, the effect is clearly unequal regarding exports to the United States with these three countries leading the pernicious effects: Alemania, Ireland and Italy. And so it has been reflected in its indicators.
Also in the values of the Spanish Stock Exchange most linked to the United States, with Ferrovial that quotes there, Fluidra With much of your business in the country and, among banks, a punished Santander Bank With OpenBank US as one of the financial bastions, even congratulating Ana Botín de Trump in the last Davos forum. Also Puig Brands Bwith much of your business on the other side of the Atlantic.
But Wall Street’s mixed opening has made the rest, with a Spanish market already recovering the 14,000 points as a psychological barrier, while values such as IAG (Iberia)today with good recommendations and Indra With more tension in Ukraine by Putin and the long -awaited Trump’s announcement about kyiv this afternoon, by the hand of the Patriot’s anti -aircraft missiles by the US has made the rest, for Indra, with the general impulse of the defense, and good news.
Thus the Spanish selective and the rest of the markets read Trump’s threats without too much credibility, although with caution, Waiting for the two weeks of negotiations that finally mitigate the pernicious effect of unfeasible commercial levies for both parties.
In fact, we have just known that The EU already finalizes a package of up to 72,000 million dollars On American products in case the commercial war, it will finally be confirmed.
With all this, the IBEX 35 Close the session with 0.19% increases to 14,036 points with the increases that experience values such as Indra 2,05%, IAG (Iberia) 1,69% y MERLIN Properties 1,25% and falls of companies such as Puig Brands B 1,93%, Fluidra 1.61% y Inditex 1,57%.
As for the protagonists, highlight Cellnex has successfully refinanced its main credit line syndicated, increasing its amount to a total of 2.8 billion euros . This refinancing not only extends the expiration for an additional year, but also includes two extension options of one year, which could take the final expiration to July 2032.
The transaction, made in favorable market conditions, received unanimous support from 26 participating financial institutions .
Con Inditex clearly down after its negative recommendation by RBC. They maintain their ‘low performance’ recommendation for Inditex, while reducing the target price from 45 to 43 euros per share.
Meanwhile, Deutsche Bank has maintained his recommendation to «keep» for the Galician textile firm with an target price of 48 euros . The quarterly results season in the luxury articles industry is gaining impulse, Adam Cochrane wrote in his perspective of the sector published on Monday. Although there are still no indications of recovery.
And for the oil company Repsol after the purchase of 70% that we already commented on the Friday of the ODF marketer, Rent 4 maintains its recommendation to ‘overpone’ for value, with an objective price located at 15.10 euros per share . This assessment is a bullish potential of 16.96% compared to current levels.
Already in the rest of Europe, he Euro stoxx 50 yields 0.23% to 5,370 points, the CAC 40 0.26% to 7,808 points falls, the Dax loses 0.33% to 24,160 points, and the session in London closes with increases for el FT 100 0.64% 8,999 points.
In Wall Street, a mixed sign for the indicators with investors that consider that everything on the table on tariffs are threats that will then be mitigated with commercial taxes, after the most moderate negotiations.
All this pending tomorrow’s inflation and the results season given by the official departure pistol on account of the great banks, which, in the next two days, from Goldman Sachs until JPMorgan Chasethey will announce their figures and their guides, as well as the impact of tariffs on their accounts.
Trump’s last Putin’s threat to impose 100% tariffs If there is no peace agreement with Ukraine in 50 days.
In other news, Boeing Co It rises 2.2% in the opening after a preliminary report of the investigation of the Air India accident seems to suggest measures that will not be taken immediately against the aircraft manufacturer.
As for the recommendations of the analysts, Morgan Stanley reduces the recommendation of Crowdstrike until ‘ equal weight ‘, from the previous one of’ Overporate ‘. Although the improvement improves the objective price, which goes from $ 490 to $ 495 per share, the new assessment is a potential of just 3% compared to Friday’s closure. The cybersecurity action «remains an attractive long -term story, but the acceleration we expect in the second semester seems to be well valued in the actions,» explains analyst Keith Weiss.
SolarEdge Technologies Record advances in the 2% environment after Barclays has improved the ‘infrapander’ a ‘note equal weight ‘. Despite the forecast that the general market is contracted in 2026, Solaredge is in a position to grow both this year and next, the firm believes. And despite the varapalo lived by its actions last week.
At the close of the Spanish session, the DOW JONES It is shown with 0.02% cuts to 44,362 points, the S&P 500 It is placed at opening levels, in the 6,260 points, while the Nasdaq omx It rises 0.19% to 20,625 points.
Already in fixed income, increases in the profitability of the assets with The Spanish 10 years bonus that places its performance at 3,341% and advances 0.27%, compared to 0.11% that rises the German Bund, to 2,7290%. The Spanish risk premium drops an important 5.26% to 61.20 basic points.
On the other hand, in the raw materials we see that the important increases of this morning become obvious cuts that They happen for Barril’s futures, with a brent, reference in Europe, of 1.07% to $ 69.50, while those of the American West Texas, yield 1.53% to 67.43 basic points. He Gold futures cuts 0.25% to $ 3,355 per ounce.
He Euro dollar gives positions with the cutting of the single currency of 0.05% to 1,1684 units, while Bitcoin After its new historical maximums above 122,000 advances 1.5% to 120,567 at the time of closing the Spanish Stock Exchange.