The Ibex tries to cheer up and faces its annual highs supported by banks

Sabadell was one of the most bullish stocks, driven by a rise in Citi's price target to 70 cents per share. The bank has strong resistance at 0.72 euros and will also present its new Strategic Plan this Friday, under the direction of CEO César González-Bueno, formerly of ING.

Another bullish and leading value has been Indra, which has appointed Marc Murtra as non-executive president after the Government forced the departure of Fernando Abril-Martorell.

The board has delegated executive functions to Ignacio Mataix and Cristina Ruiz, respectively responsible for the Transport and Defense and Minsait divisions, who have been appointed CEOs.

In negative, Solaria, PharmaMar and Inditex have been the most bearish values ​​of the Ibex, while in the Continuous Market we highlighted the strong gains for Airbus. The aircraft manufacturer has improved its forecasts and the market has rewarded it with a big rise.

On the other hand, the Organization for Economic Cooperation and Development (OECD) has increased its forecast of growth of the gross domestic product (GDP) of Spain by two tenths for 2021, to stand at 5.9%, while the presided body by Ángel Gurría has also raised its forecast for 2022, when it anticipates an expansion of 6.3%, compared to the 4.8% previously forecast.

CHINA AND US RETURN

China seems ready to boost its diplomatic relations with the rest of the world again. The commercial representatives of the country and those of the United States have maintained their first call on Thursday under the Administration of President Joe Biden, according to the Ministry of Commerce of China.

US Trade Representative Katherine Tai and Chinese Vice Premier Liu He had a "sincere, pragmatic and constructive conversation," the ministry said in an online statement followed by CNBC.

The statement did not provide details on both sides' business plans, or whether the tariffs applied under the Donald Trump administration will be reversed. However, the ministry said the two agreed to further communication and referred to this first call as a gesture of "mutual respect."

Faced with the amicable trade positions, it is worth highlighting the tensions between the two countries due to the investigations into the origin of the Covid. US President Joe Biden said Wednesday that the White House Intelligence Community does not have enough information to determine whether it originated from contact with an animal or from an accident in a laboratory, while Beijing has strongly charged against the preparation of a report on the matter by the US that will be delivered within 90 days.

On the other hand, Chinese President Xi Jinping held a telephone conversation with Pedro Sánchez on Wednesday. Sánchez conveyed his interest in expanding the collaboration between Spain and China and his willingness to play a "constructive role" to improve relations between the Asian country and the European Union (EU).

The agenda for this Thursday has included the second reading of the GDP of the first quarter in the US as the most relevant data, although the data has remained at a growth of 6.4%. In addition, weekly unemployment claims have dropped to 406,000 and confirm their downward trend.

OTHER MARKETS: GOLD CLINGS TO 1,900

Gold is down slightly and is now below $ 1,900 an ounce ($ 1,894) after surpassing this level yesterday and setting highs in the last four and a half months. Silver also fell slightly, to $ 27.79.

Bitcoin is rebounding strongly ($ 40,250, + 5%), while Ethereum is up about 5% to $ 2,854.

The euro falls in value 0.03% to $ 1.2185 and oil falls slightly, to $ 68.64 for Brent and $ 66.15 for West Texas.

The yield of the American 10-year bond rebounds to 1.60% and the yield of the Spanish 10-year bond advances by 3%, to 0,47%.