The Ibex 35 has advanced 1.82% in the week, despite the fall of 0.04% that it has registered this Friday, which has led it to sign its fifth consecutive week in positive and to consolidate at 9,200 points. a level that had not been recorded since June 2021.

The week has been marked, on the one hand, by the decisions of the United States Federal Reserve (Fed), the European Central Bank (ECB) and the Bank of England to raise interest rates given the still high inflation, although there are already signs of some moderation in prices.

In fact, this week it was revealed that the CPI for the euro area in January was 8.5% compared to the 9.1% expected by the market. “Although it has fallen for the third consecutive month, it is still very far from the ECB’s target of 2%,” said XTB analyst Joaquín Robles, who also pointed out that core inflation did not fall in the same proportion and is close to maximum.

In addition, today it has been revealed that the United States economy was able to create 517,000 new jobs last January, which made it possible to reduce the unemployment rate by one tenth, to 3.4%, the lowest since 1969.

At the business level, the analyst has highlighted the momentum in the week of Spanish banks on the stock market after presenting their annual results. “All the entities significantly raised their profits due to the strong increase in the interest margin and the higher income from commissions”, highlighted the XTB expert. Only Unicaja Banco has been the discordant note, since despite almost doubling the profit, “it has led the falls due to an unexpected increase in its provisions.”

In this Friday’s session, the Ibex 35 has closed at 9,225.6 integers, with more than half of its values ​​in ‘red’. The falls of Solaria (-2.77%), CaixaBank (-2.71%), Sabadell (-2.53%), Telefónica (-2.20%), Acciona Energía (-2.14%) and Cellnex (-2.07%).

The biggest increases have been recorded by Grifols (2.86%), Amadeus (1.88%), Banco Santander (1.86%), BBVA (1.60%), Mapfre (1.14%), ACS ( 0.76%) and Inditex (0.48%).

The rest of the European stock markets closed with a mixed performance, registering an increase of 1.04% in London and 0.94% in Paris, but with a fall of 0.21% in Frankfurt and 0.55% in Milan.

Likewise, a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 81.38 dollars, with a decrease of 1.10%, while Texas stood at 75.00 dollars, with fall of 1.16%.

Finally, the price of the euro against the dollar stood at 1.0833 ‘greenbacks’, while the Spanish risk premium stood at 92 basis points, with the interest required on the ten-year bond at 3.098%.

Robles has explained that next week will continue to be conditioned by economic data and business results, and has not ruled out that there will be a “collection of benefits” after the recent increases. Among the data that will be released next week are retail sales in Europe, the CPI for January in Germany, and the results of companies such as Activision Blizzard, Walt Disney and Pepsi Co in the United States, and Naturgy, Logista, ArcelorMittal and Mapfre in Spain.