The Ibex 35 falls almost 0.3% at the opening, although it holds 9,000 points, pending the Fed

MADRID, 22 Mar.

The Ibex 35 falls almost 0.3% at the opening, although it holds 9,000 points, pending the Fed

MADRID, 22 Mar. (EUROPA PRESS) -

The Ibex 35 has started the session this Wednesday with a decrease of almost 0.3%, weighed down by the banking sector, although it has managed to maintain the level of 9,000 points in a day that will be marked by the Reserve meeting United States Fed.

Despite the positive closing of Wall Street and the messages of confidence launched by the central banks in the face of the Credit Suisse and the American First Republic Bank, Signature Bank and SVB crises, the Madrid parquet woke up at 9,025 points, compared to 9,049 points yesterday, when the selective signed an advance of 2.45%.

Without losing sight of the situation of the European and American banks, investors will not lose sight of two events today: the Fed meeting to decide whether or not to raise interest rates and the conference that the president of the Central Bank will give in Germany. European Union (ECB), Christine Lagarde.

Among the macro references to take into account this Wednesday is inflation in the United Kingdom, whose interannual rate rose last February to 10.4%, compared to the 10.1% registered in January, thus breaking three consecutive months. of relief in the rise in prices, as reported by the British National Statistics Office (ONS, for its acronym in English).

This acceleration in the rise in prices in the United Kingdom complicates the decision of the Bank of England, which will meet this Thursday to evaluate its monetary policy amid recent financial tensions, after raising interest rates in ten consecutive meetings , up to the current 4%.

Like Madrid, the European stock markets started this Wednesday in negative, with decreases of 0.2% in Paris, Milan and London and 0.1% in Frankfurt.

Within the Ibex 35, part of the bank weighed down the selective in the early stages of the session. Thus, the greatest setbacks were registered by Unicaja (-2.40%), Bankinter (-1.75%), Sabadell (-1.26%) and BBVA (-1.10%), as well as Colonial (-1 %), Sacyr (-0.93%) and Amadeus (-0.51%). Only Inditex registered increases at the beginning of the trading day, with an advance of almost 0.2%.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.5%, to $74.90, while Texas stood at $69.22, 0.6% less.

In the currency market, the price of the euro against the dollar was placed at 1.0770 'green bills', while in the debt market, the yield of the Spanish bond with a maturity of 10 years rose to 3.370%.

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