Nov. 8 () –
The Ibex 35 has recorded a rise of 0.46% that has taken it to the gates of 8,000 integers, on a day marked by the holding of the mid-term elections in the United States (or ‘midterm’), where it will renew the House of Representatives and just over a third of the Senate.
The polls indicate that in the House of Representatives, where the 435 seats are at stake, the Republicans have it easier, since they would take 216 seats, just two away from gaining control of the chamber, while the Democrats would win 199 seats . A total of 20 seats remain to be decided. Almost all polls show Republicans as favorites to wrest control of the House from their Democratic rivals.
However, investors also have this Thursday, November 10, marked on their calendar, when the CPI data for October in the United States will be released. This is one of the main metrics that the Federal Reserve (Fed) uses to design its monetary policy and interest rate path.
In Europe, the Vice President of the European Central Bank (ECB), Luis de Guindos, has responded to comments from several European leaders by suggesting a softer pace of normalization of monetary policy that the institution will continue to raise interest rates, although the tightening of financing conditions affects demand, “because doing nothing would be much worse”.
In Spain, the Public Treasury has placed this Tuesday 4,333.6 million euros in an auction of bills at 6 and 12 months, within the expected range, and has done so by paying the highest interest in the last decade, according to data published by the Bank of Spain.
In addition, Grifols has presented a profit of 188 million euros until September and Endesa has reported profits of 1,651 million euros in the same period (+13%).
Precisely, the most bullish stocks of the session were Grifols (+5.9%) and Endesa (+4.7%). Behind, Solaria (+3.88%), Rovi (+3.24%), Arcelormittal (+2.67%), Cellnex (+2.57%) and MeliĆ” (+2.45%) stood out.
On the negative side, Bankinter (-1.7%), CaixaBank (-1.68%), Repsol (-1.43%), Amadeus (-0.85%) and Banco Santander (-0.58) stood out. %).
The rest of the European stock markets have also finished with increases, of 0.08% in London, 0.39% in Paris, 1.15% in Frankfurt and 0.86% in Milan.
Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood this Tuesday at a price of 97.12 dollars, with a decrease of 0.82%, while Texas stood at 90, 69 dollars, with a drop of 1.19%.
Finally, the price of the euro against the dollar stood at 1.0085 ‘greenbacks’, while the Spanish risk premium stood at 104 basis points, with the interest required on the ten-year bond at 3.300%.