The Ibex fights not to lose 10,600 points

The Ibex is struggling this Wednesday not to lose the 10,600 points (10,593 points, -0.13%) that managed to overcome, finally, this Tuesday. Today's session will be of 'transition' pending this Thursday, when the European Central Bank (ECB) meets and when the earnings season begins in Spain, with Bankinter's accounts. Even so, on wednesday there will be relevant references, such as the appearance of King Felipe VI, among many other personalities, in Davos, and the publication of a series of macro data of draft, such as manufacturing PMI, in Europe.

Wall Street ended the day of this Tuesday flat and mixed sign (Dow Jones: + 0.07%, S & P: -0.02%, Nasdaq: + 0.02%) while in Asia have dominated the red numbers early this morning . Europe has it a bit more difficult to raise this Wednesday (indices quoted practically flat now) after several days in positive.

Returning to Davos, in addition to King Felipe VI, this Wednesday will include personalities of the stature of Juan Manuel Santos, President of Colombia, Christine Lagarde, Managing Director of the International Monetary Fund (IMF), Paolo Gentiloni, Italian Prime Minister, Alexis Tsipras, first Greek minister, Angela Merkel, German chancellor, or Emmanuel Macron, president of France. The American delegation, headed by Donald Trump, is scheduled to leave for Davos on Wednesday. Trump will intervene in the Forum on Friday.

Continuing with the United States, it should be noted that in the last session, the US Senate officially confirmed Jerome Powell as the next president of the Federal Reserve (Fed). The mandate of Janet Yellen expires on February 3. "It has been fulfilled, but it has taken a long time for the Senate to approve Powell as Yellen's successor, and we hope that (Powell) adheres to the current monetary policy strategy in the short term, raising rates three times this year. ", experts from Danske Bank point out.