The Ibex 35 tumbled 1.2% and tumbled 8,000 points after the Jackson Hole peak

Specifically, the Madrid index opened the first session of the week in the exchange rate environment. 7,965 points On Friday, after closing at the 8,064 integer threshold, the lowest since the end of July, following the speech from the head of the US Federal Reserve (Fed), Jerome PowellAt the Jackson Hole Central Bankers Summit.

Powell warns businesses and households will have to endure “a little spicy” He reiterated the Federal Reserve’s goal of controlling inflation until it hits 2 percent, and as a toll to stop the high inflation rates the country has been experiencing for months.

In this way, the markets Blaming the ‘hard’ course adopted by the Fed, That could push the body to a fresh 75 basis point gain at its next meeting scheduled for September. At the moment, Powell’s words were not liked by the markets: Wall Street closed Friday ‘red’ and Asian stock markets closed today with losses.

The main markets of the Old Continent also woke up negative this Monday: Frankfurt and Milan fell 1.1%, Paris 1.2%. London will be closed today for a holiday.

Inside the Ibex 35, only Siemens Gamesa rose in the early stages of the session (+0.1%). The most obvious of the drops was scored grifols (-2.3%), Amadeus (-1.5%), Santander (-1.2%) and Sabadell (-0.99%).

At the opening of the European markets, the price of Brent quality oil, which is the reference for the Old Continent, was 99.63 dollars, which is 0.6% higher. Texas traded at $93.69 after revaluing 0.6%.

In the foreign exchange market, the euro was traded at 0.9933 ‘dollar’ and traded below the dollar parity, while the yield of the 10-year Spanish bond in the debt market rose to 2.67%.