The IBEX 35 drops 0.2% to 15,238 points on Monday. The biggest decrease is for Acerinox, which yields 1.31%, while Banco Santander and Arceormittal, in the end the most penalized value in the opening, lose more than a percentage point, over 8.15 euros and 28.79 euros, respectively.
The Madrid selective comes from a very positive week in which he counted for advances every day and ended up writing down a revaluation of 3.05%. Until Friday’s closure, the index accumulated ten consecutive upload sessions, a spectacular bullish streak that has allowed him to recover levels that had not stepped on December 2007.
The great barrier to overcome, and that investors begin to glimpse, they are The 15,945.7 points that since November 8, 2007 are the highest closure in the history of Ibex 35.
The best values in the opening of the week are solery, which a rise of 2.38%is recorded, a value that already duplicates its price from the minimum of April, while renewable energies ”rises more than 1.9%, over the 23.82 euros.
This Monday’s macroeconomic agenda is quite light.
The monthly foreign trade report of the Ministry of Economy, Commerce and Company has revealed that The commercial deficit of Spain in the first half of the year reached 25,113 million euroswhich represents an increase of 58.7% compared to the negative balance of 15,822 million registered in the same period of 2024. This increase in the deficit is due to a 1% increase in exports of Spanish goods during the first six months of the year, reaching 197,151 million euros, the second highest figure for a first semester. However, imports also experienced an increase of 5.4%, reaching 222,263.6 million euros.
In addition, investors have also known the commercial balance of the Eurozone of the month of June, which registered a 7000 million surplus in monthly and not de -stationalized terms, according to Eurostat. The Mayo, in addition, was reviewed from +16.2 billion euros to +16.5 billion.
In the US, housing market data will be known in the US and the Treasury will make an issue of letters to three and six months.
But attention is put, above all, in Ukraine. After last Friday’s meeting between Trump and Putin, it is expected that today Ukrainian President Volodimir Zelenski, and European leaders meet in Washington with Donald Trump To design a peace agreement, in fear that the US President tries to press kyiv to accept a favorable agreement to Moscow.
According to informed sources from Moscow’s ideas that the Reuters agency cites, the peace proposals discussed on Friday would go through Russia to renounce small areas of the occupied Ukraine and kyiv yields stripes of its eastern territory that Moscow has been unable to capture.
«Investors will follow the events very closely, since a possible definitive peace, but not at any price, would be very positive for the world economy, especially for that of the EU, although, for the moment, we see this possibility distant,» says Juan J. Fernández-Figares, of Link Management.
The monetary policy will also be protagonist this week, especially by the Fed. The institution chaired by Jerome Powell will announce on Wednesday the minutes of the Julio Meeting of the FOMC. But, above all, between August 21 and 23, the traditional summer monetary policy symposium organized by the Kansas Federal Reserve is celebrated in Jackson Hole. «Investors will be very attentive to the intervention in it, next Friday early in the afternoon, of the president of the FED, Jerome Powell, to be able to know first hand if the hypothesis that many of them handle of a reduction of types in September is ‘realistic’ or something ‘precipitated’,» says Fernández-Figares.
Investors have to keep in mind that business news is quite light, as is typical of these summer dates.
Among the few news that investors have today to take to their mouths, Ingteam will hybrid the photovoltaic plants of Iberdrola in Revilla Vallejera (Burgos), Andévalo (Huelva) and Almaraz I & II (Extremadura), through an energy storage system in batteries (Bess).
Among the continuous market values, today the newspaper Expansión Publica that Gestamp launches a plan to sell assets in Germany. The Spanish group is close to closing asset transfer in Germany for 20 million and has made sales in the US for 40 million, explains this medium.
Regarding the recommendations of the analysts, Barclays initiates the coverage of CIRSA Enterprise with a recommendation to «overcome» and an objective price of 20 euros. It is a Alcista potential of more than 30% in front of last Friday.
Wall Street, Europe and other markets
In the rest of European stock markets, this Monday they quote with a mixed tone: the DAX falls 0.24% in the 24,306 points, CAC 40 cuts 0.5% in the 7,879 points and the Euro Stoxx 50 drops low 0.27% in the 5,434 points. For its part, the FTSE 100 remains slightly upward in the 9138 points.
Wall Street futures point to a slightly downward opening for the S&P 500 and Dow Jones, while the Nasdaq technological moves up. Last Friday, was the Dow the only one that managed to close positively (+0.08%), while S&P 500 and Nasdaq left 0.29%and 0.40%, respectively. This week the retail sector will be one of the main protagonists in the New York Stock Exchange, with the accounts of Walmart, Home Depot and other great representatives.
Asian stock markets rose in the early hours of Monday, waiting for what will probably be an agitated week for monetary policy. Tokyo’s Nikkei 225 index advanced 0.77% to 43,710.50 points.
In raw material markets, oil prices rise on Monday, after the US no longer presses Russia to end the Ukraine War with measures that interrupted their oil exports at a meeting of the leaders of both countries. Brent crude futures rise 0.369%, up to $ 66.12 a barrel, while American crude west Texas intermediate stood at 63.13Dollers the barrel, with a 0.5%rise.
The euro drops 0.16% against the dollar until they leave the exchange rate at $ 1,1679 for each single currency.
In the fixed income, the Spanish Druid Bonus to ten years offers a profitability of 3,353%, which leaves the risk premium at 56.98 points.