The Ibex 35 falls 0.3% at the end of the session and clings to 7,400 integers

Oct. 10 () –

The Ibex 35 has closed the session with a decrease of 0.31%, which has led it to stand at 7,413.5 integers at the beginning of a week without positive stimuli and with attention focused on inflation in the United States, a of the metrics used by the Federal Reserve (Fed) to guide its monetary policy.

This Monday, the Bank of England announced additional support measures to guarantee an orderly end to its emergency purchase program, launched on September 28 in response to market turbulence and which is scheduled to end this Friday.

In this way, the institution will be ready to increase the size of its daily auctions to guarantee that there is sufficient capacity for purchases of public debt (‘gilts’) before next Friday.

On the other hand, the confidence of investors in the eurozone, according to the index prepared by the German agency Sentix, fell in October to -38.3 points, compared to the estimated -34.7 and the previous -31.8, which which is one of the worst records in the historical series, only surpassed by the months of strictest confinement due to Covid-19.

The week will be marked by the inflation data for the month of September in the United States. After two months of falls, this data could give information about the next steps of the Fed in the two remaining meetings of the year.

Revised inflation data will also be released for Germany and Spain, while the trade balance for China will be released. Likewise, this week the results season for the third quarter will begin in the United States, with Pepsi, BlackRock, UnitedHealth, JP Morgan, Wells Fargo, Morgan Stanley and Citigroup.

In this scenario, the biggest rises in the Ibex 35 have been presented by ArcelorMittal (+2.86%), Acerinox (+2.62%), Cellnex (+2.49%), Fluidra (+2.45%), Indra (+1.30%) and Inditex (+1.02%).

On the negative side, PharmaMar (-2.72%), Acciona (-2.29%), Colonial (-2.09%), Repsol (-1.89%) and ACS (-1.89%) stood out. ).

The rest of the European stock markets have shown decreases in London (-0.45%) and Paris (-0.45%), while Frankfurt has closed flat (+0.00%) and Milan has finished with a slight advance of 0 .05%.

Likewise, the barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 96.93 dollars this Monday, with a decrease of 0.99%, while the Texas stood at 91.96 dollars , with a fall of 0.73%.

Finally, the price of the euro against the dollar stood at 0.9692 ‘greenbacks’, while the Spanish risk premium stood at 121 basis points, with the interest required on the ten-year bond at 3.456%.