The Ibex 35 has started the session this Monday with a rise of 0.42%, which has led the selective to conquer the level of 9,400 points, standing at the opening at 9,404.08 integers, in a week marked by the meeting this Thursday of the European Central Bank (ECB).

The monetary authority is debating between stopping its rate hike path, after nine consecutive increases, or continuing with the monetary tightening strategy, which on this occasion could be around a quarter of a point.

In the macro field, tomorrow the United Kingdom unemployment, Spain’s inflation and German investor confidence will be known, while on Wednesday the United Kingdom’s GDP data, the industrial production of the eurozone and the inflation data from the United States, which could offer clues to the decision adopted by the country’s Federal Reserve next week.

In addition, more European data will be released on Friday, such as labor costs for the euro area or inflation data for France and Germany. In addition, China will also offer an overview of the state of its economy, with the release of CPI, retail sales and industrial production.

Finally, the week will be crowned by the informal meeting that the ministers of Economy and Finance of the European Union (Ecofin) will hold in Santiago de Compostela (Galicia).

In the early stages of this Monday’s session, the biggest increases within the Ibex 35 were registered by Grifols (1.77%), Banco Sabadell (1.4%), Acerinox (1.37%), Solaria (1, 18%) and Banco Santander (1.16%).

On the other hand, the largest decreases were recorded by Mapfre (-0.46%) and Acciona (-0.21%).

The main European stock markets also opened this Monday with a positive sign: 0.64% for Milan, 0.47% for Frankfurt, 0.4% for London and 0.29% for Paris.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.3%, to 90.38 dollars, while Texas stood at 86.94 dollars, a 0.65% less.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0736 ‘greenbacks’, while in the debt market the interest required on the 10-year Spanish bond climbed to 3.665%.