MADRID, 11 Dic. (EUROPA PRESS) –
The Ibex 35 was trading at midday with a drop of 0.26%, reaching 10,197.2 points, with an eye on the meetings of the United States Federal Reserve (Fed) on Wednesday, and the Bank of England ( BoE) and the European Central Bank (ECB) on Thursday.
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 “soon 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 of transition until the main references of the week begin to arrive, the majority of Ibex 35 values were trading negatively, highlighting Acciona Energía (-2.55%), Unicaja Banco (-2.04%), Solaria (-1.89%), Indra (-1.76%) and IAG (-1.70%). In ‘green’ only ArcelorMittal (0.95%), Telefónica (0.57%), Merlin (0.52%), ACS (0.32%), Inditex (0.26%) and Meliá (0. 24%).
It is worth remembering that this Monday is the last day on which investors can acquire Telefónica shares with the right to receive the second tranche of the company’s dividend charged to freely available reserves, which amounts to 0.15 euros gross per share. title and will be paid on December 14.
The main European stock markets fell in the mid-session, with drops of 0.74% in London, 0.21% in Milan and 0.08% in Frankfurt. Only Paris was trading with an advance of 0.07%.
At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.98%, to 75.10 dollars, while Texas stood at 70.41 dollars, a 1.15% less.
In the currency market, the price of the euro against the dollar stood at 1.0773 ‘greenbacks’, while the Spanish risk premium was around 101 basis points, with the interest required on the 10-year bond at 3,280%.