Financial markets
Asian stock markets have difficulty looking for an address, with the fear of a possible US attack to Iran and the third consecutive week of rise in oil prices due to the escalation of the conflict between Israel and Iran.
Petroleum prices are heading for the third consecutive week, despite a slight daily setback, with investors in vilo, since the conflict between Israel and Iran does not show signs that neither of the two sides will turn back.
Macroeconomic data
Today we have:
– Interest rates in China
– ipp of Germany
– Japan CPI
– Consumer and monetary mass confidence of the Eurozone
– Retail sales from the United Kingdom
– Manufacturing index of the Fed of Philadelphia
Companies
Santander Pugna with Barclays to buy TSB from Sabadell in the middle of the BBVA (five days); Barclays and Santander stand out as favorites to buy TSB by ‘cooling’ Natwest (the economist)
Inditex states that «no doubt» the conditions to return to Russia (Financial Times) do not occur.
86.4% of Naturgy ‘capital accepts the partial OPA formulated by the company; Naturgy says that the company’s floating capital has only dropped from 10% to 9.6% (Reuters)
Indra chooses Luis Fernández to lead Minsait after the departure of Luis April (expansion)
The Government offers Indra a Telefónica military contract with an Israeli partner (El Confidencial)
Audax Renewables records a non -guaranteed senior bond program of fixed income worth 400 million euros (Reuters)
The CNMC updates the rules of electrical voltage control to avoid blackouts (reuters)
Economy and politics
The Air War between Israel and Iran entered its second week while the European leaders tried to attract Tehran again to the negotiating table after the president of the United States, Donald Trump, said that any decision on the possible participation of the US would be taken in the next two weeks (Reuters)
The next long -term budget of the European Union must be greater than the current
European leaders are increasingly resigned to 10% of «reciprocal» tariffs is the basis of any commercial agreement between the US and the EU, according to five sources familiar with negotiations (Reuters)