The Ibex 35 closed the session this Friday with a rebound of 1.46% (8,776 points). Thus, the Spanish selective closed the week with an accumulated decrease of -1.46%. The week has been marked by growing fear of the Delta variant and the spread of the coronavirus, while the different countries reimpose restrictions that show that things are getting complicated at times and that the summer, in which many had placed their economic hopes, could be lost.
- 11.728,200
- 0,61%
If yesterday it was France that recommended not to travel to Spain (or Portugal), today it was Germany, as it has included our country in its list of regions at risk for Covid. This name means that Germans who return home from Spain must present a negative test to avoid serving a quarantine.
The Ibex pulverized the key support of 8,740 points on Thursday and now the experts of Bolsamanía do not rule out that, in the short term, it will attack the level of 8,400 points, prices where the average of 200 sessions is found. "We will not see a sign of strength again as long as it remains trading below the resistance of 8,968 points, prices close to 4% above current ones," explained the analysts at Bolsamanía.
Within the selective today, the increases in ArcelorMittal, Sabadell and Colonial and the falls of Solaria, Siemens Gamesa and Grifols, among others, have stood out.
Asia has experienced a somewhat calmer session this Friday, but notable falls have also been seen, especially in Japan, after the state of emergency was declared yesterday and it was learned that the Olympic Games will finally be held without an audience. China has published its CPI for the month of June, which rises to 1.1%, below the previous and expected 1.3%. In addition, Reuters reports on Friday that the Joe Biden administration is willing to add more Chinese companies to its blacklist for alleged human rights abuses and high-tech surveillance in Xinjiang.
All in all, the European stock markets are recovering positions after yesterday's strong cuts, while the American indices rebound and register moderate rises. Wall Street ended this Thursday with notable declines (Dow: -0.75%; S&P: -0.86%; Nasdaq: -0.72%).
FROM THE THIRD DOSE OF PFIZER ... TO THE G20
Pharmaceutical Pfizer and its partner BioNTech believe that a third dose of the Covid-19 vaccine would help maintain protection against all current variants, including Delta. Thus, both are developing a booster dose, coinciding with increasing concerns worldwide about the rapid spread of this strain.
As for the rest, today the market continues to talk about the ECB's announcements regarding the review of its economic policy strategy, with that decision to agree to raise its inflation target to 2% and leave room to exceed it "temporarily". In Spain the 'earthquake' caused by the 'Villarejo case' continues within the Ibex. Although the price of the companies involved has not suffered particularly due to this news, the truth is that the worrisome news is happening, with the latest imputation of Iberdrola Renovables after announcing those of Repsol and CaixaBank yesterday.
Finally, it should be noted that today there is a meeting of the G20 finance ministers, in which they will try to implement the corporate tax, and that the publication of the UK GDP stands out on the macro calendar (it falls to 0.8% in May).
OTHER MARKETS
The euro is now trading at $ 1.1856. Oil is up about 1%, to $ 74.70 for Brent and $ 73.65 for West Texas.
Gold and silver advanced moderately, to $ 1,804 and $ 26.12, respectively.
Bitcoin is flat ($ 32,908) and Ethereum is down 2.7% ($ 2,097).
The yield on the 10-year American bond stands at 1.338%.
Noticias relacionadas
El Ibex pulveriza el soporte de los 8.740 puntos. ¿Dónde están los soportes?
La variante Delta se convierte en una "seria amenaza" para las economías y los mercados
Repsol se defiende tras la imputación: "Ni hubo incumplimiento ni infracción"
