MADRID, 18 Mar. (EUROPA PRESS) –
The Ibex 35 ended the session trading below the level of 10,600 points, despite the fact that during the morning it had traded above 10,650 points, in a day in which the markets will be awaiting what decisions it makes. the United States Federal Reserve (Fed).
On the macro agenda, it has been confirmed that the eurozone CPI in February moderated by two tenths in the interannual rate, reaching 2.6%. In the second month of 2024, the inflation data in the eurozone was due to a year-on-year drop in energy prices of 3.7% from the 6.1% drop in January, while fresh food became more expensive by 2 .1%, well below the 6.9% increase in the first month of the year.
In the case of Spain, the harmonized inflation rate stood at 2.9% in February, compared to 3.5% in January, reducing the unfavorable price differential for the country with respect to the eurozone average to three tenths. .
Also in the macroeconomic field, this Monday it was known that the trade balance of the eurozone remained in positive territory in January, although with less vigor than December, while the trade balance of Spain in the same period will also be known.
In the early hours of the morning it was published that China’s industrial production data grew by 7% year-on-year in January and February, well above what was expected by the consensus, while retail sales have grown by 5.5% in that temporary period, in line with what the market expected.
In this way, Solaria has led the selective (2.19%), ahead of Unicaja (1.64%), Rovi (1.48%), CaixaBank (1.47%), Repsol (1.43%) and Meliá (1.39%).
On the opposite side were Naturgy (-2.18%), Acciona (-2.13%), Fluidra (-2.09%), Cellnex (-1.49%), Acciona Energía (-1.18% ) and Aena (-1.15%).
The evolution has been mostly negative at the start of the week in Europe. London has fallen 0.06%; Paris, 0.20%; Frankfurt, 0.02%; and Milan has closed flat.
The barrel of Brent experienced an increase of 1.20%, to $86.36, while West Texas Intermediate (WTI) stood at $82.17, up 1.38%.
In the debt market, the yield on the Spanish bond maturing in 10 years was 3.245%, compared to 3.244% on Friday. In this way, the risk premium against German debt has fallen to 78.6 basis points, from 80.2 points on Friday.
In the foreign exchange market, the euro fell 0.13% against the dollar, until trading at an exchange rate of 1.0874 ‘greenbacks’ for each unit of the community currency.