The Ibex 35 has started the month of February with an increase of 0.71% compared to Tuesday, so the index has stood at 9,098.1 basis points, on a day marked by the presentation of BBVA results and the waiting for the monetary policy meeting of the United States Federal Reserve (Fed).

After the Fed, this Thursday the European Central Bank (ECB) and the Bank of England will meet. The market expects the Fed to approve a new rate hike, predictably 25 basis points, while the ECB is betting on another 50 basis point hike.

For its part, BBVA registered a net profit of 6,420 million euros in 2022, which represents an increase of 38% compared to a year earlier (39% without the effect of currencies), the highest to date, according to reported this Wednesday the entity, which has highlighted that it has achieved “very solid” results despite the environment of uncertainty generated by the war in Ukraine and its impact on the global economy.

With this result, it will dedicate more than 3,000 million euros of these results (47% of the reported attributable profit) to shareholder remuneration.

In this way, the bank has led the selective of the Spanish markets with an increase of 4.70%, ahead of Fluidra’s 2.91%; the 1.42% registered by both Banco Santander, Banco Sabadell and Aena, and the 1.37% of Logista.

Among the companies with the worst performance this Wednesday, Acciona Renewable Energy leads, with -2.40%, ahead of IAG (-1.07%), Merlin (-0.95%), Repsol (-0.76%) and Cellnex (-0.53%).

In the rest of the European markets, the German Dax has advanced 0.35%, while the French CAC 40 has fallen 0.08% and the Italian FTSE MIB has advanced 0.39%. The Euro Stoxx 50 has risen 0.19%, while the British FTSE 100 has contracted 0.14%.

The Brent barrel has registered a decrease of 1.80% in its price, up to 83.92 dollars, while the West Texas Intermediate has been located at 77.64 dollars, 1.55% less. This negative evolution occurs after OPEC agreed on Wednesday not to adjust its production levels.

In the debt market, the yield on the Spanish bond with a 10-year maturity stood at 3.283% this Wednesday, practically unchanged from Tuesday. Thus, the risk premium has risen by one tenth, to 99.7 basis points.

In the currency market, the euro has experienced a bullish day, reaching over 1,092 dollars for each euro, from the environment of 1,088 dollars observed at the opening.