Futures from the Old Continent are now up 0.8% on average
The Ibex and European stocks seek to start this week in green after the outgoing president of the United States, Donald Trump, has finally signed this Sunday the aid package of some 900bn dollars, thus ending days of refusals to accept the agreement reached between Republicans and Democrats. This 'yes' from Trump will in practice mean the arrival of much-needed money by businesses and citizens and will prevent the shutdown of the federal government.
The signing, which has taken place at his private Florida residence, has come amid mounting criticism of his lawsuits. Donald Trump had called for citizen aid checks to be made $ 2,000 instead of $ 600, despite the fact that the bill had already been approved by the House of Representatives and the Senate.
European futures are up 0.8% on average and Americans are up 0.6% after the news, while Asia has experienced a day of moderate and mixed movements, with another new hit from Alibaba. The company has announced that it will expand its share buyback program, a decision that comes after its shares have plummeted in recent days following the announcement by the Chinese authorities to launch an antitrust investigation on the company.
The week will also be atypical in stocks, like the one before this. On Thursday, December 31, the Ibex opens only until mid-session (2 pm), while Wall Street will operate in its normal hours. On Friday, January 1, all markets, including equities, bonds, futures and options, will be closed for the New Year.
Otherwise, investors continue with Brexit in focus after the agreement between the United Kingdom and the European Union. In addition, they are also pending the vaccination process against Covid around the world. Pfizer has announced that it delays to Tuesday the next delivery of vaccines to Spain scheduled for this Monday.
As for the agenda of the session, few references. Today in Spain the retail sales for November will be known.