MADRID, 18 Ago. (EUROPA PRESS) –
The Ibex 35 has closed the session this Thursday with a slight fall of 0.05%, which led it to remain at 8,400 integers, after having lost the level of 8,500 points yesterday and having broken its streak of eleven consecutive days in green’.
Investors learned this Thursday that the year-on-year inflation rate in the euro zone stood at 8.9% in July, compared to the 8.6% registered in June, which represents the highest increase in prices in the region of the euro of the entire historical series and more than four times the price stability goal of 2% of the European Central Bank (ECB), according to the second reading of the data published by Eurostat.
In the European Union (EU) as a whole, the interannual inflation rate for July reached a new all-time high of 9.8%, two tenths above the June reading.
In addition to the inflation data in the eurozone, the main reference this Thursday has been the publication yesterday of the minutes of the last meeting of the Federal Reserve (Fed) of the United States. In them, more moderate increases in rates are pointed out to avoid excesses, which raises expectations that the next increase will be 50 basis points, instead of the 75 basis points that the market had been discounting.
On the other hand, the Central Bank of Turkey has unexpectedly decided to cut the reference interest rate by 100 basis points, which will now stand at 13% from the current 14%, despite the fact that inflation reached 79, 6% in July, reaching 24-year highs.
In Spain, the trade deficit stood at 31,963.2 million euros in the first half of the year, which means multiplying the 5,397.3 million euros for the same period of the previous year by almost six.
Likewise, it has been known that the services sector increased its turnover by 23.4% in June compared to the same month of 2021, moderating the rise registered the previous month by 4.2 points, while the turnover of the industry rose 31.7% year-on-year, mainly due to the boost in sales from the energy sector.
In this context, the Ibex 35 has closed at 8,430.3 integers, with Repsol (2.65%), Colonial (1.17%), Ferrovial (1.09%), Merlin Properties (1.07%), Fluidra (0.83%), Acerinox (0.73%), BBVA (0.70%) and Rovi (0.59%) as the largest increases.
On the contrary, Solaria (-2.94%), Grifols (-1.77%), Inditex (-1.18%), Acciona (-0.96%), Bankinter (- 0.83%), Cellnex (-0.82%) and CaixaBank (-0.52%).
Compared to the Ibex 35, the rest of the European markets closed with increases: 0.35% in London, 0.45% in Paris, 0.52% in Frankfurt and 1% in Milan.
The price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 96.08 dollars, with an increase of 2.62%, while Texas was trading at 90.27 dollars, after rising 2.42 %.
In the currency market, the euro lost some ground against the dollar and traded at 1.0115 ‘greenbacks’, while in the debt market the risk premium was around 115 basis points, with the return on the Spanish bond to 10 years climbing to 2.245%.
