Ibex 35 starts the week up 0.52%

this IBEX 35 started the session this Monday with 0.52% increasecausing the selector to be in 8,980.26 integers At 9:01 a.m. on a day marked ‘Remembrance Day’ on Wall Street.

After thus closing last week with a 5.3% revaluation above 8,900 integers and at the maximums since November 2021, the Madrid selector started the week with targets of 9,000 points.

Specifically, investors will watch this week’s release of the US Federal Reserve’s (Fed) Beige Book, as well as production and services PMIs.

In the United States, consumer confidence index, ADP employment data, unemployment rate and non-farm payrolls will be announced. Moreover, Bank of Canada may raise interest rates by 50 basis pointsto place them at 1.5%.

In the early stages of Monday’s session, the biggest increases were recorded by Rovi (+4.33%), Sabadell (+2.46%), IAG (+2.14%), Meliá Hotels (+1, 93%), Grifols (+1.61). %) and Amadeus (+1.56%), opposite side Acerinox (-1.25%), Cellnex Telecom (-0.55%), Repsol (-0.47%), Iberdrola (-0.44%) and Cie Automotive (-0.26). %).

Rest of European stock markets open 0.7% higher In the Frankfurt example, 0.6% for Paris and 0.5% for London.

While the barrel price of reference Brent oil for Europe increased by 0.44% to $116, the barrel price of WTI oil, the US reference, increased by 0.48% to $115.

Finally, the price of the euro against the dollar was 1.0754 ‘dollars’.

Source: Informacion

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