The Ibex rises 1.4% and regains the 8,800 boosted by Santander and BBVA

New rebound session for European stocks after the earthquake caused by the escalation of trade tensions between US and China and the decision from the Popular Bank of China to let the yuan fall below 7 yuans per dollar. The stock markets have extended the Wednesday rebound (Cac: +1,8%; Dax: +1,3%; Ftse 100: +0,9%; Ftse Mib: +1,1%) supported by the Chinese central bank that has weakened its currency on Thursday less than what was expected. The Ibex has risen 1.4% and has closed in daily highs at 8,838 points thanks to a push from Santander (+ 2.2%) and BBVA (2.5%).