The ECB accelerates asset purchases and the Ibex marks highs near 8,600 points

The Ibex 35 rises 0.6%, to 8,575 points, after confirming the European Central Bank (ECB) that it will increase asset purchases to maintain financing for the economy and inflation. "Based on a joint assessment of the financing conditions and the inflation outlook, the Governing Council expects the pace of purchases under the PEPP during the next quarter to be significantly higher than in the first months of this year, "the agency said in a statement.