The IBEX 35 deflates in the day before the official US employment data.

by time news

The IBEX 35 closes the day with a fall of 0.45%, although it continues to maintain the 9,400 integers. Despite the fact that yesterday’s session was positive, the national selective has not been able to maintain the good dynamics in a day of transition, marked by the words that Jerome Powell, president of the Federal Reserve, pronounced yesterday in the House of Representatives. The top president indicated that they had not yet made any decision on the depth of the next rate hikes, and that they are awaiting a series of indicators that could outline the depth of the monetary variation.

One of those indicators are the official employment figures for the United States, which seem key for the Fed when it comes to making a decision on what the new interest rate rise will be like. Despite the fact that the market is used to the idea of ​​a 0.50% rise, it remains to be seen if this is finally the case or if the Federal Reserve maintains a lax discourse and raises rates again by 25 basis points.

Be that as it may, the investor eye will not take its eye off these data, nor will it do so in the presentation by Christine Lagarde, president of the European Central Bank, who will speak tomorrow about the eurozone’s monetary policy. Both events could be decisive for the IBEX 35, as well as for the rest of the stock markets.

As for the companies in the national selective, those that have closed the session registering the highest increases are Fluidra (+1.24%), Enagás (+0.88%), Inditex (+0.62%), Solaria (+0 .60%) and Aena (+0.39%). Conversely, the values ​​that not only have not started the upward trend, but have accumulated the greatest decreases are Colonial (-3.54%), Merlin Properties (-3.19%), Meliá (-3.00 %), Grifols (-2.92%) and Unicaja Banco (-1.74%).

Regarding the international level, in Wall Street keeps the green light on right now, with the NASDAQ-100 being the most growing index, with a rise of 0.66%. It is followed by the S&P 500, up 0.18%, and the Dow Jones, up 0.11%. In Europe, the dynamics experienced in this Thursday’s session have been negative in all indices. In Paris, the CAC 40 has closed with a decrease of 0.12%; in Frankfurt, the DAX 30 closed flat; in London, the FTSE 100 registered a fall of 0.63%; while, in Milan, the FTSE Mib has closed with a decrease of 0.41%.

As for the raw materials market, Brent futures contracts, a reference shale in the European market, maintained a rise of 0.41%, which settles it above 83 dollars per barrel. For its part, WTI, the benchmark oil in the US market, shows a rise of 0.43%, which places it close to 77 dollars per barrel. As for gold, the precious metal rose 0.65%, to $1,828 per ounce.

In the cryptocurrency industry, today’s session has left us with a new bankruptcy in the sector. On this occasion, Silvergate, the cryptocurrency bank led by Alan Lane, has reported the cessation of operations and the liquidation of the crypto business, complying with what the market predicted. In those, the Bitcoin yielded 1.07% in the last 24 hours, up to 20,348 euros, motivated by the company’s bankruptcy announcement, in addition to Powell’s words. In a similar line is the Ethereum, which decreased by 0.65% in the last hours, to 1,442 euros.

You may also like

Leave a Comment