April 15 () –
The Ibex 35 closed this Monday's session practically unchanged, advancing just 0.01%, standing at 10,687.2 points, after this weekend Iran launched an attack with missiles and drones on Israel, which has repelled practically all of it, in response to the Israeli attack on the Iranian embassy in Damascus.
XTB analyst Manuel Pinto points out that the latest market movements already indicated this escalation of tension in the Middle East and that the reaction of investors will depend on Israel's response.
The broker's base scenario considers that as long as Iran and Israel do not head into a direct war conflict, oil would not reach $100 per barrel, thanks in part to the Organization of the Petroleum Exporting Countries (OPEC), which could increase production. , and also thanks to the USA.
In this regard, Pinto highlights the importance of presidential elections in the US in a few months, where a rise in oil can lead to a loss of votes for the country's president, Joe Biden. “In addition, sanctioning Iran would not only cause further increases in the price of a barrel, but would also benefit Russia, which could gain greater market share,” he adds.
In the business field, investors are attentive to the start of the earnings season, which begins this Thursday with Bankinter.
Also this week, the final inflation data for March in the euro zone and other results from large American companies, such as Netflix, Morgan Stanley, Blackstone and American Express, will be released.
In this context, Inditex was the main bullish value of the selective (+1.44%), followed by BBVA (+1.19%), Banco Sabadell (+0.90%), Unicaja (+0.88%), Bankinter (+0.76%), and Indra (+0.76%).
On the opposite side were Solaria (-3.60%), Acciona Energía (-2.78%), Cellnex (-2.29%), Acciona (-2.27%), Ferrovial (-1.98%) , Amadeus (-1.54%) and Enagás (-1.38%).
The stock market performance this Monday has been positive for Europe with the exception of London, which has fallen 0.45%. Paris has advanced 0.43%; Frankfurt, 0.54%; and Milan, 0.56%.
In the raw materials market, a barrel of Brent fell 1.22% at the close of the European trading session, to $89.38, while West Texas Intermediate (WTI) stood at $84.60, a 1.23% less.
In the debt market, the yield on the Spanish bond maturing in 10 years has stood at 3.276%, from 3.183% on Friday. In this way, the risk premium against German debt has reached 83.7 basis points, 1.3 points more.
In the currency market, the euro remained stable against the dollar at the end of the European trading session, with an exchange rate of 1.0643 'greenbacks' for each unit of the community currency.
