HE mountain goat 35 This Wednesday ended its six-day bullish streak and closed down 0.31%.After receiving a range of macroeconomic data from both sides of the Atlantic, it rose as high as 9,551.1 despite trading over 9,600 integers at various moments in the negotiations.
The Spanish session began with increases in the opening as the National Institute of Statistics (INE) made the following statement: Inflation in Spain rose three-tenths in AugustIt went up to 2.6 percent due to the increase in fuel and fuel prices. According to the preliminary data of the agency, inflation decreased by one tenth to 6.1%.
Butindex changed sign in mid session and it recorded losses that diverged from the 9,600 integer level close to the annual maximum it had reached just a month ago.
From then on, it started to bounce back, and once investors found out about it, it was back to profit. Pre-inflation in Germany decreased by one tenth to 6.1% in Augustwas lower than expected, while the core rate remained at 5.5%.
Finally, the Spanish benchmark closed lower (Dow Jones slowed its European opening progress to a slight close of 0.05% per hour) despite easily holding the 9,500 point mark, influenced by the volatile course of New York parquet. , where it was known US GDP increased 0.5 percent in the second quarter of the yearan expansion rate similar to the initial estimate and one-tenth less than the preliminary estimate.
In the same country, ADP’s special employment report for August was published. job creation (177,000 jobs) less than expected and half of what was created in the previous month; Data that is in line with the July JOLTS employment survey released on Tuesday, reflecting job vacancies falling to 2021 lows.
The sum of both data confirming the labor market cooling will give investors argument to wait for a pause to the Federal Reserve’s (Fed) interest rate meeting scheduled for September.
In this context, increases in the scope of Ibex 35 unicaja (+1,83%); Rovi Laboratories (+1.08%); BBVA (+0.6%); Telefónica (+0.55%) and ACS (+0.5%). On the other hand, the energy sector, which includes listed companies such as Acciona Energía (-2.58%); Ibedrola (-2.31%), one of the most weighted values in the index; Solaria (-2.25%); Grifols (-2.04%) and Acciona (-1.12%).
The rest of the European stock markets closed with a mixed sign: Shares rose 0.12% in Paris, 0.24% in Frankfurt, 0.09% in Milan and 0.12% in London.
At the end of the session in Europe Barrel price of Brent quality oilReference for the Old Continent, increased by 0.05%Texas rose 0.23% to $81.37 while it rose as high as $85.52.
in the forex marketThe euro’s price rose 0.37% against the dollar, returning to its levels two weeks agoWhile there was a ‘green ticket’ to 1.092, the yield on the Spanish ten-year bond in the debt market closed at 3,552 percent after adding three basis points, and the risk premium (difference with the German bond) remained at 101.2 points.