The Ibex seeks to close the week above 9,200

The Ibex continues with gains this Friday and is trading above the resistance of 9,200 points (+ 0.4%, 9,204 points). The selective opted for the hikes after experiencing a downwards trajectory yesterday after Mario Draghi decided to not change the rates. The banks, on the other hand, did not do any good with the news that the rise in rates was delayed again and had a particularly negative session. Today they remain green, but only just.

The Ibex rises, for now, around 2% in the accumulated of the week after finishing this Thursday in positive but far from the highs of the day precisely because of the significant cuts in the banking sector. Bolsamanía experts acknowledge that Mario Draghi has thrown 'a jar of cold water' on the banking sector but, at the same time, they see strength in many other companies. "Telefónica, utilities and Inditex, among others, are showing strength," they say.

Wall Street has closed with increases tonight for the relaxation of tensions between the US and Mexico. It is expected that this coming Monday, June 10, the tariffs on Mexican products will come into action, but it is speculated that both countries could reach an immigration agreement before that, since it's the reason that Donald Trump has used to allegedly justify his decision to impose taxes to the country led by Andrés Manuel López Obrador.

"History tells us that there has only been a limited number of occasions when Trump has not clung to his word about a tariff threat, Mexico is pushing for more time "says Jasper Lawler, director of analysis at London Capital Group.

United Kingdom is another of the protagonists this Friday, and more specifically the stepping down of Prime Minister Theresa May, after not being able to carry out her plan for Brexit. Now the race officially begins and everything points to Boris Johnson being chosen, an option that the market does not like at all. Analysts warn that the pound is doomed if Johnson is prime minister.

However, investors are still waiting on the central banks, Trump and his commercial tensions and the United Kingdom, while paying attention to the different values. Mediaset is the protagonist because it shoots up 5%. Bloomberg reports that Berlusconi is studying his possible union with the Italian parent company. Regarding the data agenda, the May employment report is published in the US.