The Ibex 35 opens with a rise of 0.29% and recovers 9,400 points, keeping an eye on Lagarde and Powell in Sintra

MADRID, 28 Jun.

The Ibex 35 opens with a rise of 0.29% and recovers 9,400 points, keeping an eye on Lagarde and Powell in Sintra

MADRID, 28 Jun. (EUROPA PRESS) -

The Ibex 35 has started the session this Wednesday with a rise of 0.29%, which has led the selective to 9,420.68 points, with investors awaiting the last day of the central bank forum held in Sintra (Portugal), and where the president of the European Central Bank (ECB), Christine Lagarde, and the president of the United States Federal Reserve (Fed), Jerome Powell, will intervene.

Lagarde warned this Tuesday, at the start of this banking forum organized annually by the ECB, of the risk that companies try to defend their margins without absorbing rising labor costs, adding that "it is unlikely" that it can be declared in the near future that interest rates have peaked.

This banking colloquium will also include the participation of the vice president of the ECB, Luis de Guindos, and the institution's chief economist, Philip Lane, during the session on Wednesday. For his part, the Chairman of the ECB Supervisory Board, Andrea Enria, will speak at the European Parliament's Committee on Economic and Monetary Affairs in Brussels.

Powell will attend an event of the Bank of Spain in Madrid tomorrow, in a day in which the inflation data in Germany and Spain will be known, at the same time that the updated data of the GDP of the United Kingdom in the first quarter will be published on Friday , unemployment in Germany and inflation in the euro area as a whole.

The Ibex 35 started the day above 9,400 points, highlighting the advances of Ferrovial (0.77%), Acciona (0.59%), Fluidra (0.47%) and Cellnex (0.44%), while On the side of the decreases, those of Repsol (-0.38%) and Inditex stood out, whose shares fell 0.12% in the early stages of the trading day.

The main European squares have also opened this Wednesday with a positive sign: 0.58% for Milan, 0.57% for Frankfurt, 0.49% for Paris and 0.39% for London.

In the raw materials market, the price of a barrel of Brent rose 0.21%, to 72.66 dollars, while the West Texas Intermediate (WTI) rose to 67.83 dollars, 0.19% more .

In the debt market, the yield of the Spanish bond with a 10-year maturity stood at 3.316%, with the risk premium reaching 95.7 basis points, while in the foreign exchange market, the euro was exchanged at 1 .0941 dollars.

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