The Ibex 35 is trading flat (+0.01%) in the mid-session, pending the decision on Fed rates

3 May. (EUROPE PRESS) –

The Ibex 35 was trading practically flat in the mid-session, with a slight rise of 0.01%, which led it to remain at 9,083.3 integers, awaiting the results of the meeting of the Federal Reserve of the United States (Fed), which will communicate its decision on interest rates after the market closes.

Tomorrow it will be the turn of the European Central Bank (ECB), which will have to decide whether or not to raise rates, pressured by the year-on-year inflation rate in the euro zone, which accelerated by one tenth in April compared to the previous month, reaching so 7%.

In this context, the biggest increases in the half session were recorded by ArcelorMittal (+1.32%), Enagás (+1.29%), Ferrovial (+1.16%), Cellnex (+0.88%), Acerinox (+0.81%) and ACS (+0.80%). On the other hand, there were Solaria (-2.66%), IAG (-2.15%), BBVA (-1.78%), Acciona Energías Renovables (-1.48%), Logista (-1, 38%) and Grifols (-1.36%).

The rest of the European stock markets traded with revaluations: 1.13% in Milan, 0.76% in Paris, 0.69% in Frankfurt and 0.26% in London.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 73.71 dollars, with a decrease of 2.14%, while Texas stood at 70.06 dollars. , with a drop of 2.23%.

Finally, the price of the euro against the dollar stood at 1.1034 ‘greenbacks’, while the Spanish risk premium stood at 106 basis points, with the interest required on the ten-year bond at 3.306%.