The index closed yesterday almost flat, as in the cumulative December
Christmas rally or end of the year? For now, Ibex 35 quotes this Wednesday with drops of half a percentage point and yields 10,200 points, the level at which it closed on Tuesday and in which it had started the month of December. The day may have less volume of negotiation for the festivity of the Constitution Day, on a day in which there are only relevant references in the United States, where before the opening will be published the ADP report on employment created by the private sector. Nevertheless, the futures quote with losses of 0.8%.
In fact, these statistics are considered a prelude to the Employment Report to be published on Friday. Likewise, in the first world economy, data on unit labor costs and non-agricultural productivity will be known, two variables that are especially relevant to the inflationary pressures the Federal Reserve (Fed) seeks to meet its dual objective of full employment and price growth. around 2%.
On Wall Street, which closed Tuesday with slight losses, remains the protagonist research on the connections of the circle of Donald Trump or the president himself with Russia. The special prosecutor in charge, Robert Mueller, asked Deutsche Bank to share his data.
In Europe, for its part, the negotiations between Brussels and London on the way in which Brexit will be implemented stand out. While in Spain, attention is caught by the Catalan political crisis and the proximity of the regional elections of December 21. Precisely, yesterday the CIS was published in which the best party is Citizens with Inés Arrimadas as candidate for the presidency of the Generalitat.