The Ibex 35 has advanced 0.85%, to 8,459.10 points , in line with the rest of the European stock markets. This, after the rises that were seen yesterday in the Old Continent and also in the US, where the Nasdaq ended the day with a revaluation of 2.4% . In Asia, the green numbers have also dominated this morning , although the increases have been more moderate, while Wall Street continues to buy this Wednesday and is already trading very close to maximums.
Danske Bank experts say that Joe Biden’s optimistic remarks on Tuesday, stating that Democratic Senator Joe Manchin will end up giving the green light to his investment plan, provided the necessary boost to stocks on the other side of the Atlantic.
Within the Ibex, the increases in PharmaMar ( after signing an agreement to commercialize lurbinectedin in Turkey ), Solaria, Meliá, Indra, Fluidra and Amadeus , which have regained ground after their latest falls, have stood out . On the other hand, Red Eléctrica and Merlin Properties have been the only bearish values together with Endesa.
Today investors have remained pending of everything related to the evolution of the coronavirus and its variable Ómicron . The President of the Government, Pedro Sánchez , has announced that the Executive will again impose the use of the mask outdoors to try to stop the spread of the Omicron variant of Covid.
In Portugal , restrictive measures have been advanced, since the neighboring country has closed bars and nightclubs and has established teleworking. In addition, Germany has limited meetings to 10 people and closed nightlife, while Denmark , the European country with the highest incidence, has established a curfew in hospitality.
On the other hand, ‘Bloomberg’ reports that the FDA (Food and Drug Administration) could authorize the pills against Covid from Pfizer and Merck this Wednesday . Treatments that involve patients taking a series of pills at home over several days could ease the burden on hospitals, which are at capacity in many areas of the US.
This Wednesday’s agenda has included the publication of the GDP of the United Kingdom (it advanced above the consensus and shoots up to 6.8% ) and the GDP of the United States for the third quarter, which has been revised slightly upwards to 2, 3% .
In addition, the International Monetary Fund (IMF) has lowered its estimates of Spain’s economic growth . Now, the agency projects that activity will grow 4.6% in 2021 and 5.8% in 2022 . In its previous forecasts, published in October, it placed GDP at 5.7% this year and 6.4% next. In addition, he sees inflation likely to remain high in early 2022 due to high energy prices.
For the rest, some analyst reports point out that, two days before Christmas Eve, the low trading and liquidity typical of these pre-holiday days may exaggerate market movements . The sharp falls on Monday (which eventually softened at the close in Europe) and the strong rises on Tuesday attest to this.
THE IBEX SETS THE LOOK AT 8,433
The Ibex closed this Tuesday at 8,387 points and canceled the bearish gap that was left last Friday , which is “a good sign”, indicate the experts of Bolsamanía.
” Watch out for a close above 8,433 points , since we could end up seeing an extension of the gains to the 8,600 point level . If it manages to exceed these prices, we do not rule out seeing an increase in the rises to 8,800 points , prices where is the average of 200 sessions “, point out our technical analysts. Thus, the selective continues to recover ground after rebounding from 8,100 points last Monday.
The euro is trading at $ 1.1307 (+ 0.21%). Oil is up moderately, with Brent at $ 74.08 and WTI at $ 71.24.
Gold and silver are up slightly to $ 1,793 and $ 22.68.
The bitcoin advancing 0.8% (48,941 points) and low ethereum 0.2% (3995 dollars).
The yield on the 10-year American bond fell to 1.462%, while the yield on the 10-year Spanish bond rose to 0.467%.
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