Ibex 35 opens 0.3% lower and holds 7,900 until Fed waits

Ibex 35 to its session this Monday a 0.3% dropcausing the selector to be in 7,962 integers at 09:01, Within a week to be marked by the Fed’s interest rate decision, which may come as a surprise with a rise in interest rates. 100 basis points.

The market will also be cautious bank of englandII. After Elizabeth’s death, who decided to postpone the meeting. The increase is expected to be 50 basis points.

Like this, After dropping 1.25% in the session on Friday and placing the weekly drop at 0.6%, The Madrid selector started the session below the psychological level of 8,000 points amid the energy crisis and fears of a new monetary policy tightening in the face of new inflation data.

In the first bars of the session, biggest declines ArcelorMittal (-1.6%), Merlín Properties (-1.47%), Inditex (-1.45%), Sacyr (-1.41%), Acerinox (-1.22%), and Mapfre them (% -1.19) scored on the opposite side. Naturgy Energy (+1.7%), Red Eléctrica (+0.933), Grifols (+0.48), Iberdrola (+0.19%) and Bankinter (+0.12).

this the rest european bags it also opened lower, down 0.6% for Frankfurt and London, and 0.9% for Paris.

Latter, price of a barrel of quality Brent oilThe Old Continent reference was down 0.62% to $90, while Texas was down 0.92% to $83.

Finally, the price of the euro against the dollar 0.9973 ‘dollars’The Spanish risk premium was 113 basis points, while the required interest rate for the ten-year bond was 2.908%.

Source: Informacion

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