May 17. (EUROPE PRESS) –
The Ibex 35 recovered towards mid-session part of the ground it had lost in the first hours of trading, standing at 9,187.1 points towards 12:00, which represents a slight fall of 0.05% compared to Tuesday’s close .
Investors learned this Wednesday that the year-on-year inflation rate in the euro zone accelerated by one tenth in April compared to the previous month, thus reaching 7%, compared to 6.9% in March, while in the In the European Union (EU) as a whole, prices eased their rise to 8.1% from 8.3% in March, accumulating five months of moderation.
On the other hand, they will remain attentive to any clues that the Vice President of the European Central Bank (ECB), Luis de Guindos, may offer regarding the direction of monetary policy in a speech this afternoon in Madrid.
In this context, Meliá led the bullish values with an increase of 2.28%, ahead of Sacyr’s +1.60%; +1.39% for ArcelorMittal, +1.30% for Banco Sabadell; and +1.17% of Bankinter.
On the opposite side was Acciona Energías Renovables (-1.99%), which led the decreases ahead of Solaria (-1.63%), Iberdrola (-1.06%), Redeia (-1%), Colonial ( -0.99%) and Acciona (-0.98%).
Regarding the rest of the European markets, Frankfurt advanced 0.34%, while Milan fell 0.10%, Paris fell 0.07% and London rose 0.05%. The Euro Stoxx 50 advanced 0.08% after 12 noon.
The Brent barrel stood at $74.99, up 0.09%, while West Texas Intermediate rose 0.03% to $70.89.
In the debt market, the yield on the 10-year Spanish bond fell to 3.374%, compared to 3.418% at which it closed on Tuesday. In this way, the risk premium fell one tenth, to 106.4 basis points.
In the foreign exchange market, the euro depreciated 0.30% against the dollar, reaching an exchange rate in the markets of 1.0831 dollars for each euro, further moving away from the level of 1.1 ‘green tickets’ which he had achieved several days ago.
