The Ibex loses strength and moves away from 7,300 points

The Ibex starts the day with falls of 0.4%, followed by a flat awakening of the stock markets of the Old Continent, which are digesting the rally that has traveled Wall Street this Wednesday and the Asian markets, with the S&P 500 rising almost 1 , 5%, about to mark new highs, and the Japanese Nikkei with rises of almost 2%. The Ibex will continue to struggle between 7,200 and 7,300 points, on the way to 7,664 points, where the next resistance is found.

Banking turns red on Thursday and falls close to 1% can be seen in Bankia, BBVA, Banco Sabadell and Caixa Bank, after being one of the engines of the selective this Wednesday, with increases in the sector that extended to bank values ​​of the Continuous Market, such as Liberbank and Unicaja that continue to monopolize the rumors about a corporate operation among medium-sized banks. The titles related to tourism continue to show volatility for this sector very affected by the crisis of the pandemic. The values ​​that fell the most were IAG (-2.08%) and Meliá (-1.89%). Among those that increased the most, Siemens and Ence stand out, with advances of 1%.

This Thursday it has emerged that Italy will test all travelers from risk countries, such as Spain, Croatia, Greece and Malta for COVID-19, as reported by the newspaper 'Corriere della Sera'. This week, Greece will request, as of August 17, travelers from various countries, including Spain, negative tests for coronavirus and will order the nightly closure of restaurants in some areas of the country. Both nations join the numerous countries, including 15 Europeans, that impose restrictions on Spanish tourism in order to contain contagions by Covid.

For his part, the President of the Government, Pedro Sánchez, has indicated that he hopes to reach an agreement "in the coming months" on the extension beyond September of the temporary employment regulation files (ERTE) in the tourism sector.

This Thursday a quiet day is expected in the macro references section, with the US unemployment claims data as the most relevant of the day. In Germany and Spain the harmonized CPI for July will be known. This Wednesday, the United Kingdom made the news, which entered a recession in the second quarter, when its GDP plummeted by 20.4% and the US CPI for July rose more than expected.

In currencies, the euro / dollar remains in the same narrow range of the last few days and at the close of the European stock markets it stood at 1.1790 and at the moment at 1.1813. The pound depreciates slightly to 0.9045 pounds per euro and is currently trading at 0.9039. In raw materials, the Brent future rises + 1.8% to 45.30 d / barrel and at the moment it remains at the same level. Gold has rebounded strongly after the sharp correction of the previous day to 1,938 d / ounce (+ 1.4%) where it remained this morning.