The Ibex takes a break with less negotiation
The selective closed with cuts this Wednesday, although far from the lows of the day
- Wall Street finished last session with mixed sign and moderate movements
The European stock markets try this Thursday to resume the bullish path after, during the last day, there was a predominance of red numbers. At the moment, flat indices (Ibex: 10,184 points) after the close with a mixed sign and moderate Wall Street movements (Dow Jones: -0.16%, S & P: -0.01%, Nasdaq: + 0.21%). In Spain, the day is marked by the 'bridge of the Constitution', which will be noted in the trading volume of the Ibex. This Friday, like this Wednesday, is a national holiday, although the stock market operates normally.
IBEX 35
11.641,300
-
0,26%30,50
- Max: 11.657,10
- Min: 11.531,00
- Volume: -
- MM 200 : 11.167,85
Brexit, bitcoin or tax reform in the United States continue to be the key issues. On the first issue, a spokesperson for Theresa May, the British prime minister, said that she will discuss the desired "final state" of Brexit with its team of ministers before the end of the year, according to Reuters. On the bitcoin, again extreme volatility after the crypto currency has reached $ 14,000. And on the United States, work continues on the "big issue" on the other side of the Atlantic, the tax reform of Donald Trump, waiting for an agreement to be reached before the Christmas holidays.
All in all, the 'good news' is that this Wednesday the Ibex ended the session away from minimums of the day. He made a move that, being optimistic, could lead one to think that maybe he will cheer and keep moving towards the 10,600 points, key resistance. The experts of 'Bolsamania' insist that, until the selective does not exceed this level, there is nothing to do. Below, the support to respect is found in the 9,900 points.
As for the data agenda for the day, industrial production in Germany in October rose by 2.7%, below the forecast 4.3%. Throughout the session will be known the GDP of the third quarter in the Euro Zone, there will be auction of bonds in Spain and will speak the president of the European Central Bank (ECB), Mario Draghi.
