The Ibex 35 'fits' the rise of the Fed with a fall of 0.5% in the half session

MADRID, 23 Mar.

The Ibex 35 'fits' the rise of the Fed with a fall of 0.5% in the half session

MADRID, 23 Mar. (EUROPA PRESS) -

The Ibex 35 traded in the mid-session this Thursday with a fall of 0.5%, which brought it to stand at 8,965 integers, after the decision taken yesterday by the United States Federal Reserve (Fed) to raise the interest rates of 25 basis points, until placing them in a target range of between 4.75% and 5%.

The president of the Federal Reserve of the United States (Fed), Jerome Powell, after warning that inflation continues "very high", reaffirmed his commitment to reduce it to around 2%, despite the financial crisis that began after the fall of several medium-sized banks in the American country.

In this sense, Powell defended that the banking system "is safe and resilient" and that, after the "decisive actions" taken together with the Treasury Department and the Federal Deposit Insurance Corporation (FDIC), " customer deposits are safe."

Without losing sight of the situation of the European and American banks, investors today will not lose any detail of the Summit of leaders of the European Union, which starts this Thursday in Brussels and where the banking turmoil caused by the bankruptcy of SVB and the sale of Credit Suisse will mark the debate.

In addition, the market will be attentive to the forecasts for the eurozone economy, and the decision on the rate hike by the Swiss central bank and the Bank of England.

The European stock markets were also trading lower in this context, with a decrease of 0.95% in London, 0.75% in Milan, 0.63% in Frankfurt and 0.53% in Paris.

Within the Ibex 35, the biggest increases were recorded by Grifols (2.36%), Cellnex (0.75%), Ferrovial (0.70%), Aena (0.65%), Fluidra (0.51%) and Acciona Energy (0.46%).

On the other hand, it was the banks that weighed down the Madrid selective, highlighting the falls of CaixaBank (-2.44%), BBVA (-2.22%), Sabadell (-1.58%), Unicaja Banco (- 1.47%), Meliá (-1.24%), Santander (-1.15%) and Bankinter (-1.12%).

In the mid-session, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.56%, to 76.26 dollars, while Texas stood at 70.35 dollars, a 0 .78% less.

In the currency market, the price of the euro against the dollar stood at 1.0874 'green bills', while the Spanish risk premium stood at 102.4 basis points, with the interest required on the 10-year bond at 3.321%.

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