• The Fed raises rates for the first time in the 'Trump era'
  • The Ibex saves two important obstacles and maintains the support of the great blue chips, which show good appearance
eurodolarparidad

The first of the scenarios discussed by the experts has been fulfilled and involved the triumph of Mark Rutte, the current prime minister, in the Dutch elections, with the possibility of continuing to lead the executive in forming a coalition government. This Thursday all the front pages speak of a Holland that has turned away the populism and of a geert Wilders, candidate of the party of extreme right, defeated.

IBEX 35

  • 11.672,600
  • -0,36%

The Ibex - and the rest of European exchanges - is trading this result with increases of 1%, recovering the 10,000 points. Borja Gómez, director of analysis at Inverseguros-Dunas Capital, told Bolsamanía this week that this result was his main bet and that it would be "the best possible scenario". In addition, the failure of Wilders relieves the tension facing the French elections and the fear that the National Front of Marine Le Pen wins.

European stocks are also quoted today by the US Federal Reserve's decision to raise interest rates for the first time in the 'Trump era'. It has been a rise of 25 basis points, as expected, to the range of 0.75% -1%. In addition, Janet Yellen anticipated two more rate increases in 2017, confirming the monetary scenario raised in December. Wall Street closed yesterday with gains of around 0.8% after knowing the decision of the Fed and assimilate the words of Yellen.

"The possibility that members of the FOMC changed their forecast of increase in rates, raising the number of interventions to four this year, was discussed by analysts and investors, so yesterday many of them felt relieved, betting so much again for the Equities as well as bonds, "Link Securities experts said in its daily report.

In addition, the United Kingdom is in the forefront of the current economic situation with the Bank of England interest rate decision. In principle, no changes are expected, but we will have to see in which direction the central bank moves after the decisions of the European Central Bank (ECB), last week, and the Fed yesterday.

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