Ibex 35, the main indicator of the Spanish stock market, turned green againwith what he has already accumulated four consecutive weeks up and stops at 8400 points3.7% more than last Friday.
In particular, the national selective 20.4 points scored equivalent to 0.24%8400 points left. Rest of European markets closed in green: Frankfurt rose 0.74%; Milan, 0.49%; London 0.47% and Paris 0.14%.
At the close of European markets, US stock market also posted gains: Nasdaq up 1.22%; S&P 500 0.7% and Dow Jones 0.56%.
This week, July inflation was announced as 8.5% in the USA and 10.8% in Spain.
“Many investors have regained their optimism, thinking that inflation has already peaked and that this could cause the Federal Reserve (Fed). take a softer demeanor. Even so, inflation is four times the Fed’s target, so it will have to continue falling into the region of 2% to 3%,” XTB analyst Joaquín Robles told Europa Press.
Thus, next week added Investors will watch macroeconomic statements and statements from central bankers About the amount of upcoming rate hikes.
Among the most prominent data are the ZEW survey of investor confidence in Germany, where a recovery from last June’s low is expected, as well as precise data on inflation in the Eurozone and building permits and second-hand home sales in the United States. States will present a vision of a real estate market showing signs of weakening.
Let’s go back to Ibex 35, naturalness It was the highest rise value while falling 1.98%followed by Banco Sabadell and Meliá with 1.56% and 1.34% respectively; Solaria dropped 2.65% and ArcelorMittal 1.51%.
Inside sustained market highlights 6.67% rise Tubacex was followed by Amrest and Aedas Homes with 5.69% and 5.28% respectively. In contrast, Nyesa fell 4.76%.
this barrel price Brent quality oil, a reference for the Old Continent, stopped at $98 at market closeIt was down 1.62% to trade at $92.45 after Texas lost 2%.
Finally, The price of the euro against the dollar was 1.0251 ‘dollars’The risk premium was 109 basis points and the yield on the Spanish 10-year bond was 2.092%.