The Ibex 35 has started this Thursday’s session with a rise of 0.35%, which has led the selective to stand at 8,511.5 integers at 9:01 a.m., after knowing the minutes of the United States Federal Reserve ( Fed) and on a day that continues to be marked by the evolution of the war in Ukraine.
Specifically, the Fed opened the door at its last monetary policy meeting, held in March, to a reduction in its asset balance worth 95,000 million dollars (87,188 million euros) per month starting in the summer, according to appears from the minutes of the conclave.
During the March meeting no final decision was made, only the options on the table were examined. The central bankers did agree that, given the current situation, the balance sheet reduction should be faster than that which took place between 2017 and 2019.
After yielding 1.64% yesterday, the Madrid selective began the session clinging to the psychological level of 8,500 integers, pending this Thursday the minutes of the last meeting of the European Central Bank (ECB).
In the first bars of the session this Thursday, the biggest increases were for ACS (+1.41%), Inditex (+1.16%), Indra (+1.08%), Amadeus (+0.96% ), Naturgy Energy (+0.92%) and Acciona (+0.86%), while on the opposite side were Fluidra (-1.96%), Solaria (-1.14%), ArcelorMittal (- 0.86%) and Siemens Gamesa (-0.78%).
The rest of the European stock markets opened in ‘green’ with increases of 0.3% for Frankfurt and Paris, while London traded flat.
The price of a barrel of Brent crude oil, a reference for Europe, stood at 102 dollars, with an increase of 1.5%, while the barrel of WTI oil, a reference for the US, advanced 1.7% , up to 97 dollars.
Finally, the price of the euro against the dollar stood at 1.0916 ‘greenbacks’, while the Spanish risk premium stood at 92 basis points, with the interest required on the ten-year bond at 1.614%.