Ibex stalls below 9,500 points

European markets are trading lower on Thursday (Ibex: -0.4%) after the content of the minutes of the last meeting of the Federal Reserve (Fed) that was released last session. Wall Street ended up 0.6% on average after issuing the document, which suggests an acceleration in the pace of rate hikes in 2017.

Along with the minutes of the Fed, the stock exchange will also pay attention to the content of the minutes of the last meeting of the European Central Bank (ECB), which took place on 8 December (and which extended the program for the purchase of assets Nine more months). Both documents will serve to show how the divergences between monetary policies on both sides of the Atlantic intensify.

In United States, we will also know the employment report of the ADP consultancy, considered the prelude to the employment report of December that is published on Friday. A figure of 175,000 non-farm payrolls is expected and the unemployment rate would rise slightly from 4.6% to 4.7%.