MADRID, 8 Ago. (EUROPA PRESS) –
The Ibex 35 was trading in the mid-session with an advance of 0.77%, which led it to stand at 8,230.8 integers at 12:06 p.m., a level achieved at the beginning of a period marked by the publication of the IPC in the main world economies, including the United States.
This is one of the key data used by the US Federal Reserve (Fed) to decide its next steps in the orientation of its fiscal policy. The other relevant information for the central bank is employment. In fact, last Friday it was learned that the US economy created a total of 528,000 new non-agricultural jobs in July, double what was expected by the market consensus, while the unemployment rate fell one tenth, to 3, 5%.
The market received the employment report on Friday as a “possible delay” in the peak of inflation, according to analysts at Renta 4. In this way, investors once again discount a rise of 75 basis points in September, compared to the previous forecast of 50 points, delaying the first rate cut until July 2023.
This week will also release CPI data from China, revised inflation data from Europe and UK GDP.
Returning to the Ibex 35, the biggest increases were scored by Rovi (2.79%), Inditex (2.28%), Cellnex (1.44%), ACS (1.38%), Aena (1.36%) , Acerinox (1.13%), Iberdrola (0.86%) and Endesa (0.84%). On the other hand, only Ferrovial (-0.96%), Meliá (-0.40%), Sacyr (-0.27%) and Mapfre (-0.25%) fell.
The rest of the European stock markets were trading with increases of 0.36% in London, 0.65% in Paris, 0.44% in Frankfurt and 0.09% in Milan.
Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 94.28 dollars, with a decrease of 0.67%, while Texas stood at 88.42 dollars, after falling 0.66%.
Finally, the price of the euro against the dollar was 1.0186 ‘greenbacks’, while the risk premium stood at 109 basis points and the return on the 10-year Spanish bond stood at 2.004%.