HE mountain goat 35 started the session this Thursday with a rise 0.08%Which Picked up to 9,488.79 pointsWith the markets waiting for the intervention of the head of the United States Federal Reserve (Fed), Jerome Powell At an act of the Bank of Spain in Madrid.
Powell warned at the central bank forum in Sintra (Portugal) yesterday that the Fed has room to continue raising interest rates. Interest rates highlighted that there is a “significant” probability of the economy falling into recession, if not the main scenario, after interrupting a series of ten consecutive increases in June.
Likewise, investors will pay attention today.The European Central Bank, which released its economic bulletin on Thursdayalready European Union (EU) leaders’ summit in Brussels.
Madrid parquet had breakfast yesterday with the release of the advanced CPI for Spain, which rose 0.6% year-on-year in June, after closing close to year highs at 9,481.3 points, up 0.94% yesterday. It dropped its annual rate by 1.3 percentage points to 1.9%, the lowest level since March 2021.
Ibex in 35, Advances of CaixaBank (+0.67%), Inditex (+0.61%), Acciona (+0.52%) and Banco Sabadell (+0.32%) were prominentduring on the downhill side Endesa (-7.58%), whose shares are currently traded, without the right to receive the dividend to be distributed on July 3; Red Eléctrica (-3.79%) and Indra (-0.22%).
Main European squares opened this Thursday with mixed signage: Paris rose 0.18%, Milan Stock Exchange gained 0.14%, and Frankfurt and London traded almost sideways.
In the commodity market, Brent barrel price fell 0.4 percent to $73.94.West Texas Intermediate (WTI) fell 0.4% to $69.28.
The yield on the 10-year Spanish bond in the debt market was 3,332%. Risk premium up to 95 basis pointsIn the foreign exchange market, the euro was trading at $1.0905.