MADRID, 15 Sep. (EUROPA PRESS) –
The Ibex 35 has started the last session of the week with an advance of 0.6%, which has led the selective to exceed the level of 9,600 points, after the increase in the interest rate agreed this Thursday by the European Central Bank (ECB) and waiting for what the United States Federal Reserve (Fed) does next week.
Specifically, the selective woke up at 9,606 integers, on a day marked by the start in Santiago de Compostela of the informal meeting of ministers of Economy and Finance (Ecofin) of the European Union, which will be attended by ministers from 60 countries , both from the EU and from Latin America and the Caribbean countries.
The Eurogroup will also meet this Friday in Santiago, an event that will be attended by the president of the European Central Bank (ECB), Christine Lagarde.
The head of the European monetary authority will have a meeting with the press this Friday after the increase in interest rates, up to 4.50%, agreed yesterday by the institution, a decision that prompted the Ibex to close in the 9,549 integers and took the euro to its lowest price against the dollar since last March.
The rate increase undertaken this Thursday by the ECB, the tenth in a row, does not mark the end of the consolidation path: Lagarde left the door open to more increases, refusing to confirm whether the price of money has already reached its maximum peak.
In addition to what happens within the framework of Ecofin and the Eurogroup, investors will be awaiting a battery of macroeconomic data this Friday, including the CPI of France and Italy, the trade balance of the eurozone and industrial production of the United States.
In this context, and after Wall Street’s positive closing this Thursday, the main European stock markets woke up positive today. Paris and Frankfurt rose by more than 0.9%, while London rose by 0.77% and Milan rose by 0.6%.
Within the Ibex 35, the biggest increases in opening were recorded by Amadeus (1.52%), Aena (1.24%), IAG (1.18%), Acerinox (1.04%) and Cellnex (0. 83%). Only three values appeared negative: Solaria (-0.88%), Acciona (-0.27%) and Bankinter (-0.12%).
At the opening of the stock market, crude oil continued to rise, setting one-year highs. Specifically, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose by 0.6%, to $94.30, while Texas stood at $90.78, up 0.6%. further.
In the foreign exchange market, the price of the euro against the dollar advanced to 1.0661 ‘greenbacks’, while in the debt market the interest required on the 10-year Spanish bond climbed to 3.655%.
