June 1 () –
The Ibex 35 has stopped short the downward trend registered this week by closing this Thursday with an advance of 1.30%, which has led it to stand at 9,167.5 integers, encouraged by the good inflation data from the euro area and the agreement reached in the United States on the debt ceiling, which has already been approved by the House of Representatives. Only the ratification of it remains in the US Senate and by President Joe Biden.
In this way, it manages to reverse part of the losses that it has registered since Monday due to the fear that the American country would default.
In Spain, the Public Treasury has placed 6,534.34 million euros this Thursday in an auction of State bonds and obligations, in the expected medium range, and has done so by raising the remuneration offered to investors in three of the four references issued .
For her part, the president of the European Central Bank (ECB), Christine Lagarde, has assured that the institution will continue to raise interest rates to return inflation to the 2% target, considering that there is no clear evidence that the rate core has peaked, although it has recognized the importance of “carefully assessing” the transmission force of monetary policy to financial conditions and the economy.
In this regard, Eurostat has reported that inflation in the euro zone was 6.1% in May, which represents the lowest level of price increases since February 2022, while core inflation moderated to 5 .3% from 5.6% of the previous month, thus completing two consecutive months of moderation.
Likewise, it has been revealed that the unemployment rate in the euro area fell to 6.5% in April, one tenth less than the previous month and a new all-time low.
In this context, Banco Sabadell led the increases (+4.24%), followed by CaixaBank (+3.50%), Bankinter (+2.88%), ArcelorMittal (+2.65%), Meliá (+ 2.53%) and Endesa (+2.47%). On the other hand, only four values have closed in ‘red’: Telefónica (-1.23%), Colonial (-0.18%), Naturgy (-0.15%) and Rovi (-0.05%).
Investor optimism has been common in the rest of Europe, with Milan rising 2.01%, Frankfurt 1.21%, London 0.59% and Paris 0.55%.
On the other hand, a barrel of Brent was trading at $74.85, up 3.10%, while West Texas Intermediate rose 3.66%, to $70.61.
In the debt market, the yield on the Spanish bond stood at 3.279%, while the risk premium stood at 105.3 basis points.
Regarding currencies, the euro appreciated by 0.55% against the dollar, for which reason it once again reached the level of 1.07 dollars per euro, standing at 1.0748 ‘green bills’ for each unit of the currency community.
