The Ibex 35 fell almost 0.7% at the opening and lost 9,600 points after the Fed's decision

MADRID, 21 Sep.

The Ibex 35 fell almost 0.7% at the opening and lost 9,600 points after the Fed's decision


The Ibex 35 began this Thursday's session with a fall of 0.69%, which has led the selective to lose the level of 9,600 points, reaching 9,578.77 integers, after the interest rate decision adopted by the United States Federal Reserve (Fed) at the closing of the European markets.

Specifically, the Federal Open Market Committee (FOMC) of the Fed decided this Wednesday to maintain interest rates in the target range of between 5.25% and 5.50%, adding eleven increases undertaken since the sequence began in March 2022 and which have placed the price of money at its highest level since January 2001.

The US central bank has once again interrupted the path of tightening its monetary policy after the 25 basis point increase in July. In this sense, the president of the Fed, Jerome Powell, also reported that a new rise before the end of the year is not "ruled out."

Investors will be paying attention during this trading day to the monetary policy meetings of the Bank of England (BoE) and the Swiss National Bank. Tomorrow, the Bank of Japan's rate decision will be announced.

The markets will also remain attentive to the intervention of the president of the European Central Bank (ECB), Christine Lagarde, in France, and that of the German representative on the board of the ECB, Isabel Schnabel, in Frankfurt.

In Spain, the Public Treasury expects to place between 5.5 billion and 6.5 billion euros this Thursday in an auction of State bonds and obligations with which it will close the issues for the month of September.

Among the macroeconomic references that will be published today, new unemployment benefit applications and sales of second-hand homes in the United States stand out, as well as Spain's trade balance and the French business survey.

In the early stages of this Thursday's session, the biggest increases within the Ibex 35 were recorded by IAG (2.65%), Grifols (0.35%), Enagás (0.3%) and Redeia (0.16 %).

On the other hand, the biggest decreases were recorded by Solaria (-1.12%), BBVA (-1.1%), Santander (-0.94%) and Bankinter (-0.23%).

The main European stock markets also opened this Thursday with a negative sign: 1.07% for Paris, 0.79% for Milan, 0.78% for Frankfurt and 0.6% for London.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 1.07%, to 92.53 dollars, while Texas stood at 88.67 dollars, a 1.1% less.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0649 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond climbed to 3.795%.