The Ibex faces a week in which politics (and banks) will be protagonists

The Ibex is trading at this time with doubts (-0.32%, 10,561 points) pressured by the strong falls in Enagás (-3.7%) and Gas Natural (-2.44%). Bankia is 'the third in discord' and, after publishing its figures for 2017, 1.9% is left. Throughout this week, what banks do will be decisive for the future of the Ibex.

This Monday he published his Bankia accounts (net profit rose by 1.4% in 2017, to 816 million), on Wednesday, Santander, on Thursday, BBVA, and on Friday they announced their figures Sabadell and CaixaBank. At the moment the history that was seen in Bankinter is not being repeated, whose titles skyrocketed last week after publishing results and encouraging the rest of the banks. We will have to see what is happening the rest of the week with the other financial entities and we will have to check if the policy does not end up leaving business news in its second plane.

And it is that Catalonia is again protagonist and it will be totally this Tuesday, day in which the plenary session of the Catalan Parliament meets to invest -or not- Carles Puigdemont. This weekend the Constitutional Court has invalidated any investiture telematics or without the presence of Puigdemont in Parliament, which the former president of the Generalitat is facing a difficult situation because, if he returns to Spain, there is an order pending arrest on his person. The national political uncertainty, which is again very present. We will have to see if the Ibex is affected or if, to a certain extent, it is already immune to it.

This week there is also a meeting of Federal Reserve (Fed) rates in the United States, the last one with Janet Yellen at the helm. The first woman to preside over the US central bank will give the witness in February and Jerome Powell, which is expected to respect the goal set by the Fed for this year to raise three times the rates. The meeting of the Fed comes after the meeting of the ECB last week and in the midst of the particular 'currency war' that has been unleashed after the statements of Donald Trump, US president, Steven Mnuchin, secretary of the Treasury of United States, and Mario Draghi, president of the ECB, on the dollar and the euro. The euro / dollar is currently at 1.2414 (-0.04%) after exceeding 1.26 last week.