Banking sector slow down Ibex

European stock markets have started the day slitghtly up but no really strong. Ibex, after starting with 0.30%, has turned around and is already listed in negative sign, with Telefónica and the main banks also in red. This, even though Asia did well this morning and that on Friday the Dow Jones ended very close to 20,000 and Nasdaq 100 set new highs.

According to the experts of Link Securities, this Monday we will see a new attempt by the Dow Jones to 'conquer' the 20,000. "It would be more of a historical landmark with a certain psychological component than otherwise, although we believe that, if it occurs, it will have a positive impact on the behavior of the rest of the Western stock markets," they said.

In the macro side, Germany recorded a year-on-year industrial production increase of 2.2% in November and a month-on-month increase of 0.4%. In addition, German exports have been increased by 3.9% in November, while imports recorded a 3.5% increase.