The Ibex 35 rises 0.21% and has chained three upward sessions awaiting the US CPI data.

MADRID, 12 Sep.

The Ibex 35 rises 0.21% and has chained three upward sessions awaiting the US CPI data.

MADRID, 12 Sep. (EUROPA PRESS) -

The Ibex 35 closed this Tuesday with a rise of 0.21%, so it has chained three upward sessions and confirms the recovery trend after seven consecutive closings in 'red', reaching 9,455.4 points, at the August inflation in the United States is expected to be known tomorrow and with investors' attention focused on the meeting to be held by the Governing Council of the European Central Bank (ECB) next Thursday.

The European monetary authority is debating between stopping its path of raising rates, after nine consecutive increases, or continuing with the monetary tightening strategy, which on this occasion could be around a quarter of a point.

The Spanish market has navigated this Tuesday in gains since the opening, although the intensity of the increases was varying and finally it has not managed to assault the level of 9,500 integers - it has touched it briefly at noon -, a level that it lost two weeks ago , just when a seven-session downward streak began in which the selective fell close to 300 points.

Before the opening of the market, it was known that the Consumer Price Index (CPI) of Spain increased by 0.5% in August in relation to the previous month and raised its interannual rate three tenths, to 2.6%, due , mainly, to the increase in the prices of fuels and lubricants for personal vehicles and liquid fuels. The price of food, for its part, moderated its growth by three tenths, to 10.5%.

The unemployment rate in the United Kingdom was also known before the start of the European session, which stood at 4.3% in the May-July period, half a point above that registered in the previous quarter.

For its part, the Public Treasury has placed 2,313.26 million euros in 3- and 9-month bills this morning, above the expected average range, and has cut the remuneration of the 3-month reference and raised, although slightly, the offered in 9-month bills, according to data from the Bank of Spain.

For its part, investment confidence (ZEW index) in Germany in September has improved more than expected, although in the eurozone it has worsened more than analysts anticipated. In both cases they have remained in negative territory.

In the United States, with the 'macro' agenda practically orphaned (only the decline in August of the NFIB small business optimism index has been known), the Wall Street indices were trading with a mixed sign at the European closing time. August inflation is expected to be known tomorrow, one of the main data on which next week's Federal Reserve (Fed) meeting will pivot.

At the close of the session, the biggest increases within the Ibex 35 have been recorded by Grifols (4.49%), Aena (1.73%), Banco Sabadell (1.48%), Mélia Hotels (1.32%), Bankinter (1.23%) and Telefónica (1.18%).

On the other hand, the biggest decreases were recorded by Colonial (-2.91%), Solaria (-2.37%), Acciona Energía (-1.64%), Amadeus (-1.47%), ArcelorMittal (- 1.44%) and Acciona (-1.24%).

The European markets have concluded the negotiation with a mixed sign: Milan has added 0.21% and London 0.41%, while Paris has left 0.35% and Frankfurt 0.54%.

At that same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 1.8%, to 92.27 dollars, the highest since mid-last November, while Texas stood at 89 .15 dollars, 2.14% more.

In the foreign exchange market, the price of the euro depreciated 0.2% against the dollar, to 1.0728 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond has closed at 3.692% after rising slightly, less than one basis point, while the risk premium (the differential with the German bond) remained at 105.4 points.

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