The Spanish Variable Income bounces in peace, which marks the EU with respect to tariffs with the US. . And it is that in the early afternoon it was known that the EU has paused for six months, the announced countermeasures that it had implemented against the United States worth 92,000 million for American products and that they had to enter into force on August 7. And it is that the conversations continue, with the idea of looking for a greater adjustment in those already high commercial levies imposed on community products.
Today the day has been clearly bouncing, Generalized for a good part of the values at this full first week of August and that, on paper, is quieter, especially in the macro field and far from the central banks, than the previous ones, tariffs through. And returns almost over 14,400 and point of new maximums.
In this way, at the close of the session, IBEX 35 rises 1.84% to 14,386.10 points with stock profits such as Banco Santander 3.96%, BBVA 3.10% and AENA 2.70% and the falls experienced by Fluidra 1.28%, Arceormittal 1.01% and Sacyr 0.86%.
Among the protagonists of the session, banks clearly bouncing in front of last Friday and that were the main drivers of losses after the good results that have led them to revalue during the last week.
But above all, pending this crucial week for BBVA’s hostile OPA on Banco Sabadell after the comments of the CEO of the Basque entity, suggesting that abandoning the offer would not be a nonsense, after the year and three months elapsed since it was launched.
The entity chaired by Josep Oliú, plans to hold this week The two extraordinary shareholders’ boards in which both the sale of the British subsidiary TSB to Banco Santander will be decided and the distribution of a ‘macrodividndo’ of 2.5 billion of euros. The First Board will take place at 10 am on August 6 and the second, the same day just three hours later.
Meanwhile, today Expansion It takes to its cover that BBVA has 4,400 million euros to improve hostile OPA on Sabadell Bank.
The International Agency Fitch Ratings has reaffirmed the long -term ‘BB’ qualification for Telefónica, maintaining a stable perspective, in recognition of the solid operational and financial position of the group in its main markets.
Fitch value positively The strategic review undertaken by the Telefónica Group with the focus on the generation of sustainable value and greater operational efficiency. At this time, the agency hopes that the results of the same support both their operational and financial profile, on an organic basis.
As for the recommendations of the analysts, rent 4 reiterates its recommendation to ‘overpondarar’celllnex with an objective price of 57 euros per share. On the other hand, HSBC maintains its recommendation to ‘buy’ for Iberdrola and raise the target price to 18 euros per share, from the previous 17.60.
Today we have also known that The Spanish Stock Exchange negotiated 36,508 million euros for equity in July, which represents an increase of 51.8% Regarding the same month last year. Which shows that it has been clearly focused on investment against last year.
As reflected in the monthly balance of the markets published by Six, owner of Spanish bags and markets (BME), The negotiated volume for variable income was 9.4% higher than June, When the markets remained registered a remarkable heat volatility of the commercial war initiated by the United States and its successive truces and negotiations.
Already in the rest of Europe, Good generalized tone with increases in all indicators. The Stoxx 50 euro wins at this first Monday on August 1.5% to 5,242 points, CAC 40 rises 1.14% to 7,632 points, the Dax advances 1.23% to 23,761 points and FT 100 rises 0.56% Up to 9,119 points.
In Wall Street, increasingly determined and better reception recovery if it can be in Europe of the EU countermeasures, which have driven the indicators with greater force, since all of them recover above 1%.
Special attention to values as Meanwhile, Tesla has granted to her CEO,Elon Musk, 96 million shares for an approximate value of 29,000 million dollars, A measure that seeks to keep the tycoon in command while fighting a judicial sentence that annulled its original salary agreement for being unfair to shareholders. With moderate 0.7% increases for their shares.
And cuts for Berkshire Hathaway, exceeding 1%. Class B actions of the Warren Buffett conglomerate lose positions after Berkshire’s operational benefit fell 4% year -on -year, to 11,160 million dollars, in the second quarter, affected by a decrease in insurance subscription.
Buffett’s liquidity, 344.1 billion dollars, remained close to a historical maximum. The conglomerate recorded net sales sales due to eleventh consecutive quarter.
Continuing with the results, Wayfair’s actions shoot more than 13.3% after presenting results of the second quarter better than expected. The online furniture retailer has put on the table adjusted earnings of 87 cents per share on an income of 3,270 million dollarswhile analysts had anticipated 33 cents per earning action and 3,130 million income.
In the middle of the session, the Dow Jones rises 1.13% to 44,082 points, the S&P 500 advances 1.13% to 6,312 points and the Nasdaq OMX earns 1.5% to 20,963 points.
Already in the rest of the market, we start with the fixed income, with significant falls in assets of assets. The Spanish 10 -year -old bonus yields 1.53% to 3.21% while decreases are 1.67% for the German Bund that quotes at 2,6312%. The low risk premium in this session1% to 58.02 basic points .
In raw materials, oil cuts positions with A future of the Brent barrel that has 0.83% drops to $ 69.08while, the West Texas places its price at $ 66.63, and drops 0.88%.
Gold, yield positions with An cash price that drops 0.57% to $ 3.317 And his future that descends 0.56% to $ 3,327.
Bitcoin already moves at levels of 108,444 dollars per active and decreases 0.42%. Finally, in the Euro Dollar ratio, the single currency falls against the 0.37% green ticket to 1,1736 units.