MADRID, 11 Dic. (EUROPA PRESS) –
The Ibex 35 closed this Monday’s session losing the level of 10,200 points, falling 0.25% and standing at 10,198 integers, with its sights already set on the various central bank meetings that will take place this week.
The meeting of the United States Federal Reserve (Fed) will take place on Wednesday, while on Thursday the conclaves of the European Central Bank (ECB) and the Bank of England will be held.
Although a minority segment of investors believes that central banks could apply a first rate cut, this idea is not shared by Renta 4 analysts. They believe that rates may have peaked, but they do not foresee a “prompt and intense” drop of rates, since they consider that “victory cannot yet be declared” regarding the control of inflation.
In fact, tomorrow, Tuesday, inflation data will be published in the United States, where the market discounts a drop to 3.1% and that the underlying inflation will stand at 4%.
In this context, the majority of values ??closed this Monday’s session in ‘red’, led by Acciona Energías Renovables (-4.75%), Solaria (-2.52%), Acciona (-2.47%) , Indra (-2.39%), Unicaja (-1.73%), Sacyr (-1.71%), IAG (-1.57%), and Redeia (-1.54%).
On the opposite side, Meliá has led the bullish values ??(1.06%), ahead of ArcelorMittal (0.91%), Merlin (0.83%), Inditex (0.74%), and Banco Sabadell (0. 65%).
Regarding the rest of the main European stock markets, the British FTSE 100 has fallen 0.13%, while the French CAC 40 has advanced 0.33%; the German DAX has progressed by 0.21%; and the Italian FTSE MIB has risen 0.07%.
For its part, oil has maintained its downward path. Thus, at the close of the European stock market session, the barrel of Brent stood at 75.7 dollars, 0.16% less, while West Texas Intermediate (WTI) fell 0.25%, to 71.06 dollars. .
In the debt market, the yield on the Spanish bond maturing in 10 years has fallen to 3.301%, from 3.300% registered at the close of Friday. In this sense, the risk premium against German debt has advanced six tenths, to 103 basis points.
In the foreign exchange market, the euro depreciated 0.15% against the dollar, reaching 1.0747 ‘greenbacks’ for each unit of the community currency.