Despite having quoted practically all day with light red numbers, Ibex 35 finally closes this Thursday upward. Specifically, the Spanish selective ends the day with 0.08% rebounds at 15,303.80 points.
The index continues in maximum zone that did not steal since 2007although the great barrier to overcome are 15,945.7 points that since November 8, 2007 are the highest closure in history.
Repsol (1.61%), CaixaBank (1.33%) and Indra (1.08%) are the most bullish values of the day; Banco Santander, BBVA and Unicaja also close with increases in the 1%environment. On the other side, the highest falls are for Telefónica (-4.81%), ArcelorMittal (-2.56%) and Puig Brands (-1.79%).
As for the strong Ibex 35 Teleco Falls 35these occur after transcending rumors that the company plans a capital increase in the coming weeks to finance its expansion. The value sees its annual revaluation to 16% for the punishment it receives today in the parquet.
In the tariff theme, note that the European Union has closed this Thursday the formal agreement with the United States for a maximum general tariff of 15% to its exports which will also apply to sectors such as the pharmacist and semiconductors, although in the case of vehicles the reduction from the current 27.5% is conditioned to better access to American agricultural products and foods
Today is the day in which Jackson Hole’s symposium starts, in which investors expect the Fed to give some clue about movements in the interest rates of the coming months. The main course will arrive tomorrow Friday, with the intervention of the president of the Fed, Jerome Powell. The second big appointment of the conclave will take place on Saturday with the intervention of the president of the ECB, Christine Lagardeabsent last year, in its first public appearance from the ECB type decision on July 24.
Europe and other markets
He rest of European stock markets They close this Thursday session with a mixed tone: the DAX rises 0.06% in the 24,292.11 points and the FTSE 100 It earns 0.22% in 9,308.85 points. On the side of the falls, the CAC 40 cuts 0.44% at 7,938.29 and the Euro stoxx 50 0.17% is left to 5.463.
On the other hand, today we have known that the PMI of the Eurozone maximum brand of 15 months in Augustdespite tariffs. The Eurozone purchasing managers index rose to 51.1 in August, above the forecasts. For its part, the provisional indicator of services, which represents an important part of the economy of the region, fell to 50.7, while the manufacturing PMI stood at 49.5 in August.
In Wall Street, today’s opening has been down, with the S&P 500 without still lifting head after four consecutive days of falls. The Dow Jones has opened with decreases of 0.48% in the 44,722.5 points, the S&P 500 left 0.45% in the 6,367 and the Nasdaq fell 0.39% to 21,089.28 points.
Yesterday night the minutes of the July monetary policy meeting served as a prelude to this meeting. According to the document, Fed officials expressed concern about the state of the labor market and inflation, although most agreed that it was premature to lower interest rates. «The participants, in general, pointed out the risks for both sides of the double mandate of the committee, emphasizing the upward risk for inflation and downward risk for employment,» the minutes point out. While «most participants considered that the upward risk for inflation was the largest of these two risks,» a couple considered that «the downward risk for employment was the most relevant risk.» Today, market operators give a probability of 81% to a cut of 25 points at the September meeting, according to the CME Group Fedwatch tool.
In raw material markets, oil futures prices continue to rise this Thursday, promoted by The indications of a strong demand in the US and uncertainty about efforts to end war in Ukraine. The US oil inventories fell into 6 million barrels last week to 420.7 million barrels, according to the US energy information administration (EIA, for its acronym in English) on Wednesday, compared to the expectations of a reuters survey of a reduction of 1.8 million barrels.
With this curtain of funds, the futures of crude Brent They reached a maximum of two weeks in the first operations, although they currently moderate their 0.61% increases in the $ 67.25. For its part, the futures of American crude West Texas Intermediate They total 0.57% in $ 63.07 a barrel. Both contracts won more than 1% in the previous session.
The euro drops 0.39% at its crossing against the dollar until leaving the exchange rate at $ 1,1604 for each single currency. For its part, the Bitcoin quote at 112,933.6 dollars.
In the fixed income, the Spanish debt bonus to ten years offers a profitability of 3,345% that leaves the risk premium against Germany in 58.6 points.