The Ibex loses 9,400 after Trump's words
The stock markets remain very cautious before the unpredictable new president of the United States
- Trump reminded Mexico that he plans to build the wall and that they will pay for it
- Pharmacists also suffered the ire of a Trump who denied everything that had to do with Russia
The European stock exchanges quoted the words of Donald Trump in 'all its fullness' (Ibex: -0.56%, 9.356). The new president of the United States explained that he does not intend to let anything or anyone intimidate him.
Donald Trump promised a lot of work and "tremendous things", but he does not concrete. He had time to admonish the media, to remind Mexico that there will be a wall (what sank the peso), to deny everything that comes from Russia and to explain what will happen to their businesses, which will now manage their children. Trump also gave hard words to the pharmaceutical industry.
Wall Street closed on Wednesday with moderate rises of 0.4%, after Trump's words, while Europe saved a day in which the indices acted, at all times, very cautious, with moderate movements and mixed sign. Main stock markets closed positive, while the Ibex continues to move away from the 9,500 points and seems to be a point to break the 9,400 points, level at which ended Wednesday.
It seems the stock markets do not know how to react after the initial euphoriaover the triumph of Donald Trump and the policies he has promised. Investors who do not have to comply with the advertised and the character of the magnate reaffirm a fear that his words contribute to increase.
This Thursday, Marks & Spencer, ASOS, Tesco, John Lewis and Debenhams present results. On the other hand, the European Central Bank (ECB) will publish the minutes of the last monetary policy meeting while the Euro Zone will announce industrial production in November. In France, the Socialist Party is hosting the first debate for the primary elections before this year's presidential elections.
