The Ibex 35 closes the session practically flat after the ECB has raised rates to 4%

MADRID, 15 Jun.

The Ibex 35 closes the session practically flat after the ECB has raised rates to 4%

MADRID, 15 Jun. (EUROPA PRESS) -

The Ibex 35 has closed the session at practically the same level at which it closed yesterday, since it has only fallen by 0.02%, thus standing at 9,430.8 integers, after learning of the decision of the European Central Bank (ECB). ) to raise the rates another 25 basis points, until they were at 4%.

This decision joins yesterday's decision by the United States Federal Reserve (Fed) to maintain interest rates, in line with market expectations. In this regard, the president of the ECB, Christine Lagarde, has made it clear that, unlike the Fed, the 'Guardian of the euro' is not thinking of taking any pause in the current cycle of interest rate increases, for which reason she has anticipated that Unless there is a substantial change in conditions, the entity will raise interest rates again at its July meeting.

In the macroeconomic sphere, it has been known that inflation in France moderated in May to 5.1% in the interannual rate, eight tenths below the increase of 5.9% of the previous month

Abroad, the expected recovery of the Chinese economy after the end of the restrictions against Covid-19 begins to lose momentum, suggests the battery of new macroeconomic data published this Thursday by the National Statistics Office (NSO), including a new rise in unemployment to all-time highs among young people, coinciding with a new interest rate cut by the People's Bank of China to stimulate activity.

On the other hand, the Public Treasury has placed 4,950 million euros this Thursday in an auction of government bonds and obligations, in the expected medium range, and has done so by remunerating investors with higher interest rates for government bonds at 3 years. This placement occurs on the same day that it became known that the debt of the public administrations as a whole rose in the first quarter to the all-time high of 1.535 trillion euros, but it moderated to 113% of GDP.

Thus, the greatest falls have been for Grifols (-4.53%), Santander (-1.72%), Sabadell (-1.72%), ArcelorMittal (-1.62%), Rovi (-0 .89%), Acerinox (-0.68%), BBVA (-0.62%), Colonial (-0.62%) and Indra (-0.61%).

On the side of increases, those of Inditex (1.29%), CaixaBank (0.98%), Acciona Energía (0.89%), Acciona (0.86%), Meliá (0.70%) stand out. , Telefónica (0.61%) and Naturgy (0.60%).

In the rest of the major European markets, the French CAC 40 has lost 0.51%, the Italian FTSE MIB, 0.28%, the German DAX, 0.13%. Only the British FTSE 100 has advanced 0.34%.

On the other hand, the barrel of Brent experienced a rise of 2.83%, up to 75.26 dollars, while the West Texas Intermediate (WTI) stood at 70.32 dollars, 2.97% more.

In the debt market, the yield on the Spanish bond with a maturity of 10 years reached 3.432%, which boosted the risk premium by four tenths against German bonds, up to 96 basis points.

In the foreign exchange market, the euro rose 0.91% against the dollar, reaching 1.0929 dollars for each unit of the community currency.

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