The Spanish Variable Income loses positions from maximums, but, at the close, it does not record the strong losses of 2% that has come to mark early in the afternoon, After knowing that the tariffs against Mexico of 25% who had to enter into force tomorrow will not be implemented at the momentbut will be suspended a month after the conversation held between the presidents of the US and Mexico, Donald Trump and Claudia Sheinbaum.
The promise of reinforce with 10,000 troops the northern border by Mexico To avoid entry into the country of fentanyl is what has led the decision as confirmed by Donald Trump.
In this way, the Spanish selectiveavoid what would have meant the greatest fall of the year for the Spanish selectiveand although minimized, records important cuts, which reaches the second largest amount of exercise after this news.
The IBEX 35 closes on Monday with 1.32% drops to 12,205.80 points with cuts for values such as Puig Brands B 4.22%, fluidra 4.10% and indra 4.04% and increases for companies like IAG (Iberia) 1.51%, Naturgy (natural gas) 1.01%and Endesa 0.84%.
Among the values, it highlights the fluidra cuts with more than half of its billing for exports to the United States, which today has been very punished with the announcement of the implementation of tariffs, very similar to that of Puig, also also widely punished because 36% of its sales in 2024 come from North America.
Beyond that, with strong cuts quotes indrala news of the purchase of Hispasat, which was known last Friday afternoon. It’s about The acquisition of 89.68% of Hispasat, the telecommunications operator of Redeia (REE) for a total of 725 million euros.
To finance this acquisition, Indra has ensured a total of 700 million euros, while the rest of the import will be covered with own resources. From the company it is indicated on Monday that Trust in «cushion» the coup with the presentation of its results of 2024.
Also cuts, then minimized for BBVA, for the look of tariffs to Mexico, since Mexico is one of the main markets of BBVA, to the point that in 2024 it was the largest contribution to the benefits of the Spanish group: the Spanish bank obtained in Mexico a record attributed record of 5,447 million euros, an increase of 6% year -on -year and nothing less than 49% of the group’s total profits.
Due to the hostile OPA effect, also strong cuts for Banco Sabadell also sifted at the end of the day, in a benefit operation after the strong increases of last week, while the presentation of its benefits is expected and the announcement of new dividend Next Friday.
And in the most positive part, IAG (Iberia) after knowing Jpmorgan’s recommendation about the value, which he leaves, with the same March qualification of last year, but with a more than significant improvement in the target price of the action : up to 5.50 euros per title, which leaves an improvement potential of 36.21%.
A figure that would also approach The Historical Maximum of IAG of November 2015for a value, which rises by 146% from its minimum of last March.
Naturgy (natural gas) also before the information that suggests that Blackrock-Gip, CVC and also Taqa are willing to renegotiate the OPA on the value, which was finally abandoned.
Already in the rest of Europe, also generalized cuts, for all indicators before the tariff effect with the important punishment for the sectors most affected by tariffs, both directly and indirectly, waiting for them to be visualized for Europe, something that Trump He said he will arrive.
Today we have known inflation in the eurozone that has reached 2.5% in January, which represents a tenth increase with respect to December 2024, according to preliminary data published by Eurostat. This marked increase the greatest increase in prices since July of last year, mainly driven by the increase in energy prices.
At the close, the Euro Stoxx 50 drops 1.30% to 5,218 puntos, CAC 40 loses 1.20% to 7,854 points, the Dax trim 1.33% to 21,426 points, and the session in London ends to el FT 100 with decreases of 1.03% to 8,584 points.
Already in Wall Street, lower cuts, although generalized falls for all indicators, also due to the effect of the increase in tariffs, which will increase the costs for American companies, can raise inflation and take away the expectation of new type cuts.
Goldman Sachs believes that the maintenance of tariff approximately. Actions could face a 5%drop.
At the moment, American car manufacturers with large supply chains in North America lead the falls: General Motors’ shares fall 6.6% and those of Ford Motor 4% to half session. Automobile suppliers, including APTIV and Avery Dennison, also register strong falls. The Cummins motion manufacturer is left more than 2.4%.
Constellation Brands, which imports a good part of Mexico’s alcohol, falls 6.7% in the New York morning. The actions of Chipotle Mexican, which imports avocados from Mexico, lower 3.3%. Nike and Lululemon clothing manufacturers are left 2.5% and 3.2%, respectively.
Among the few beneficiaries are steel manufacturers, with nucor by climbing about 2% and Steel Dynamics scoring 1%.
In this way, at the close of the Spanish market, the Dow Jones loses 0.21% up to 44,452 points, the S&P 500 drops 0.62% to 6,004 points and the Nasdaq OMX cuts 0.98% Up to 19,429 points.
In fixed income, strong cuts in the profitability of assets, with The 10 -year Spanish bond, with decreases from 2.21 %% to 3,049% while the German Bund has 2.81% drops to 2.39%. The Spanish risk premium rises 1.15% to 66.15 basic points.
In raw materials, oil is mixed after the strong rises of the mana, with A future of the Brent barrel that drops 0.04% to $ 75.65while, the West Texas places its price at $ 72.76, and earns 0.26%.
Gold wins positions with An cash price that advances 0.71% to 2,820 dollars an ounce And his future that rises 0.84% to $ 2,858.
Bitcoin already, after the strong morning falls also cuts to a lesser extent, 0.65% but leaves its price certainly spoiled with $ 7,000 As an asset that at the end of last Friday, and trades at 98,666 dollars.
Today in the crypto market the strong falls are concentrated among the big ones in Ethereum y Cardano.
And the Euro Dollar ratio also cuts to a lesser extent before today the almighty dollar, drops 0.49% and is placed at 1,0313 units.