The Spanish Variable Income has broken a new barrier to get to the Get closing at levels that I did not see since 2007. If we have eight maximum break -up sessions of 17 years and 7 months, since January 2008 and eight consecutive rise, only surpassed by the streak of up to nine registered last May, which dates the last records of the Spanish Stock Exchange, today it was the turn to exceed 15,200 points. Specifically, Ibex 35 has closed with 1.2% increases that have taken him to the doors of the 15,206 points.
From a technical point of view, «the selective has maximum and minimum on rising and the next level of resistance are the 2007 historical maximums, the 16,040 points. It has a bullish trend since October 2022 with minimums in 7,115 points and more than duplicate its value. Regard Francisco Paris, Technical Analyst of Investment Strategies in his Analysis of European indices.
Among the values that have supported this recovery are BBVA, which records increases of more than 2% that lead him to mark new historical maximums in the 16,3450 euros while Iberdrola has closed in the euros after registering increases of more than 2% at the close, which tomorrow will begin to quote from the 16,2250 euros.
The most falling values are Grifols A., which records a loss of more than 0,% at the end, over 12,5550 euros while the Repsol oil company closes at 13.30 euros after registering a 0.4% penalty during the session.
Among the values with more effective negotiated, Banco Santander closes with advances of more than one percentage point, up to 8,2180 euros, Inditex quotes with profits greater than 1.4%, on the 4.26 euros and Banco Sabadell advances just over half a percentage point, over 3,4380 euros.
Protagonist values of the Spanish Stock Exchange
Among the protagonists of the Stock Exchange today, Telefónica has closed with advances of 0.8% after the National Commission of Markets and Competition (CNMC) has approved the definitive deregulation of the wholesale markets of fixed broadband, after the process initiated with the public consultation of December 2024. In practice it supposes that Free competition to Telefónica from the obligation to lend or rent their broadband to other operators.
In the financial sector, the market continues to return with BBVA OPA on Banco Sabadell. As published today Five daysthe deadline of the BBVA to take the Government to the Supreme will coincide with the period of acceptance of the OPA. Specifically, the bank directed by Carlos Torres has until the end of September to challenge the demands of the Council of Ministers to allow the merger with the Sabadell Bank. In addition, BBVA and Sabadell climb as the main bets in Banca by Norges Bank One of the world’s largest institutional investors. The Norwegian background has readjusted its commitment to the Spanish Stock Exchange, with the departure of Solaria and strong cuts in Unicaja and Repsol. In addition, HBX Group International enters strong Five days.
In other news of the day, AENA expects more than 28,100 flights for this August bridge in Spain. The day with a higher air traffic volume will be next Saturday, August 16, when 7,149 flights will be operated throughout the country. The titles of the Airport Manager have closed this Thursday with uploads of something more than a percentage point.
On the macro side, Today we have known important data on both sides of the Atlantic. The GDP of the euro zone stopped its 0.1% expansion in the second quarter, compared to the expansion of 0.6% observed in the first three months of 2025, as Eurostat has confirmed this Thursday.
In the United States, there has been a second round of inflation figures with the Publication of the July Price Index (IPP)and has been much less friendly. The IPP for final demand rose 0.9% in July, according to the data of the Labor Department, well above the 0.2% that economists had anticipated. The interannual IPP rose 3.3%, after the June data was reviewed upwards, from 2.3%to 2.4%. Analysts had planned 2.5%.
The usual ones have also been known today Weekly figures of initial unemployment subsidy applications. The number of people who requested unemployment state aid was located last week in 224,000, below the 228,000 scheduled, as announced by the Labor Department. The figure of the previous week was reviewed upwards, at 227,000, compared to an earlier estimate of 226,000. The mobile average of new applications of the last four weeks, which is considered a more reliable indication of trends in the labor market since it reduces volatility peaks, rose to 221,750.
The July IPC data, more friendly than expected, seemed to have erased the doubts that the market held about the Federal Reserve Monetary Policy meeting in September. The operators currently give a probability of no less than 99.8% to a cut of types of 25 points in this appointment, according to the Fedwatch tool of CME Group. The Treasury Secretary himself, Scott Besent, said today that the conditions now seem more favorable for a cut of interest rates, and that the Central Bank could «start with 25 (basic points) and then accelerate.» «The conditions are now slightly more favorable for a cut,» he said in an interview in Fox Business Network, adding that he believes that «there is room for a series of feat cuts.»
Wall Street, Europe and other markets: waiting for the Trump-Putin meeting
After these data, Wall Street has not hesitated to open the negative session. At this time, futures move down. The future of Dow Jones yields 0.29%, over 44,791 points, the future of S&P 500 They correct 0.11% while Nasdaq 100 remains flat over 23,834 points.
The rest of European stock markets have closed the session with climbs. He DAX closes over 24,370 points after rising 0.7%, the FT-100which has thrown a large part of the negative session, closes flat over 9,170 points, the CAC-40 exceeds 7,860 points after registering 0.6% increases and Eurostoxx 50 advance 0.7%, over 5,430 points.
All the attention of the bags at the meeting that will keep tomorrow the leaders of the United States and Russia, Donald Trump and Vladimir Putin, in Alaska. Trump himself has already advanced today in an interview in Fox News Radio that «his threat of sanctions against Russia has probably influenced Putin’s decision to find the meeting. The president has moderated expectations on immediate resultsS, pointing out: «I do not know if we are going to get the immediate fire» and added that if the meeting is productive, it plans to contact not only with Zelenskiy but also with European leaders later.
In raw material markets, oil prices continue to take pace, although they maintain a dose of caution waiting for the summit between Trump and Putin tomorrow Friday. If there is finally a peace agreement on Ukraine, it could occur, but otherwise, there could be new measures against buyers. American West Texas futures rise 1.45% to $ 63.57, while Brent International reference oil is paid at $ 66.56, with a rise of 1.4%.
The euro yields 0.4% against the dollar until leaving the exchange rate at $ 1,1650 for each community currency.
Today it is essential to also talk about Bitcoin, which has come to touch a maximum of $ 123,693, although at this time it loses more than 2% and is changed to 118,380 dollars.