Trump ends with the maximums of the Ibex 35 before the possible tariffs to the EU. The greatest punishment for BBVA and CaixaBank

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By Jack Ferson

The calm had lasted a lot from the storm implemented on April 9, with the effective entrance of the global tariffs announced by Trump. Then came better news with the announcement of the commercial Pax with China and the 90 -day break, as well as the reduction of reciprocal tariffs with Beijing. The closure of the tax agreement with the United Kingdom left the door to the European Union open, while the tranquility, and the maximum flooded Europe.

Today that has broken and main protagonist has been the Spanish Stock Exchange, qEU, shortly before two o’clock in the afternoon, woke up from the lethargy of consecutive maximums recorded in the last two weeks, with levels not seen since January 2008 and did it again with a new message from Donald Trump in the social truth.

In your account,The president of the United States threatens 50% tariffs for the European Union After indicating in his social network that the commercial negotiations with the EU had stagnated. Some taxes that would come into force on June 1.

Specifically, it highlights textually that «The European Union, created with the main objective of taking advantage of the United States in commerce, has been very difficult to manage. Its powerful commercial barriers, VAT, ridiculous corporate sanctions, non -monetary commercial barriers, monetary manipulations, unjustified demands against US companies, among others, have generated a commercial deficit with the US. Our conversations with them are not paying off! Therefore, I recommend a direct 50 % tariff for the European Union as of June 1, 2025. No tariff will be applied if the product is manufactured in the United States. Thank you for your time! «

And the Ibex came to fall above 2.6% commanded by the cuts of the banks that have exceeded 5%. Then things have clarified, especially waiting for the meeting they will hold today The Commissioner for Commerce and Economic Security, Maros Sefcovic, and the United States trade representative, Jamieson Greer through a telephone call.

Besides, The US Treasury Secretary, Scott Besent, has indicated that the proposals with which the EU has addressed commercial conversations with the United States have not been the same level as those raised by other economies And he has expressed his confidence that Donald Trump’s warning to impose a 50% tariff on the products imported from the twenty -seven «turn on a flame» to accelerate the negotiations.

«I hope this turns on a flame under the EU,» Besent said in statements to the Fox News chain, collected by Europa Press, where he said that the EU «has a collective action problem» because 27 countries are represented by the European Commission, adding that Some of the countries «do not even know what the EU is negotiating in its name.»

Regarding the negotiations, the US Secretary of the Treasury has affirmed that the EU proposals «have not been of the same quality» as those raised by other important commercial partners, adding that Trump’s threat simply responds «to the rhythm of the EU.»

At the end of Friday, the IBEX 35 loses 1.18% to 14,100 points, with the cuts of values ​​such as BBVA 3.03%, CaixaBank 2.61% and Puig Brands B 2.46% and the increases experienced by indra 3.40%, 1.55% enagas and acts renewable energy 0.79%.

Among the greatest cuts, we found a very punished inditex since yesterday and already presented as the worst of the day before Trump’s news. Also lost for banks with BBVA cutting in greater amount along with CaixaBank, Unicaja and Banco Sabadell.

In the advance, indra strength, again, in historical maximums, close to 35 euros per share, with annual advances already 100% and endorsing its resilience, one month before the NATO summit.

Already in the rest of European places, even greater amount than for the Spanish variable income, since, at the end, the values ​​of luxury such as Hermes and Banks such as Unicredit were the most punished, in front of One y astrazeneca They remained positive, thanks to the resilience of the London Stock Exchange, oblivious to the noise implemented by Trump in the European Union.

The Stoxx 50 euro loses 1.77% to 5,328 points, CAC 40 cuts 0.91% to 7,626 points, the Dax baja 1.48% to 23,670 points, and the session in London closes for el FT 100 with decreases from 0.24% to 8,718 points.

Already in Wall Street, also generalized falls before the potential implementation of tariffs while, in addition, a new shadow of the same type is expanded, as a general warning to companies, with Apple’s leadership.

The president assures that The Cupertino company will have to pay a 25% tariff for products manufactured outside the United States. «I long ago informed Tim Cook that I hope that his iPhones that are sold in the United States are also manufactured and built in the United States, not in India, or anywhere else. If that is not the case, Apple must pay a tariff of at least 25% to the US.» Apple shares give more than 2% after opening, up to $ 196.99 .. Some Wall Street analysts have estimated that Trump’s movement would increase Apple’s price by at least 25%.

In addition, Ross Stores is the protagonist of Wall Street very much, since he registers a 14% fall in half a session after have retired your sales forecasts for the year. In addition, it provides pressure on their profitability if tariffs remain at high levels. For the second quarter, the retailer expects profits between 1.40 and $ 1.55 per share, while analysts had anticipated $ 1.65 per title.

Case similar to the Outdoor Decker, which collapses 21% after The UGG boots manufacturer has announced that it will not provide annual objectives due to macroeconomic uncertainty driven by tariffs. In addition, it expects net sales of the first quarter below the estimates.

Specifically, at the end of the day in the Spanish Stock Exchange, the Dow Jones drops 0.75% to 41,545 points, the S&P 500 is placed in the 5,788 points and loses 0.94% while the innovative and technological Nasdaq OMX cuts 1.2% to mark 18,692 points.

In fixed income, The profitability of the assets down, with the Spanish 10 -year -old bonus that cuts 1.66% to 3.20%while the German at 10 years, drops 2.61% to 2,5701%. The Spanish first risk is placed at the close in the 63.10 basic points and uploads almost a percentage point.

For its part, in raw materials we see As oil gains strength this Friday. The future of the European barrel rises 0.43% to $ 64.69, while, the West Texas, trades at $ 61.59, while moving 0.65%.

Meanwhile, the oro, Win positions to assert your condition of active refuge. Rises 1.86% to $ 3.356

The euro dollar gains positions in the case of the single currency, which rises 0.55% to 1,1342 units, while Bitcoin corrects 1.81% to 109,254 dollars per active.

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