The Ibex 35 yields 0.4% at the end of the session and stands at the edge of 9,000 points, waiting for the Fed

MADRID, 22 Mar.

The Ibex 35 yields 0.4% at the end of the session and stands at the edge of 9,000 points, waiting for the Fed

MADRID, 22 Mar. (EUROPA PRESS) -

The Ibex 35 has closed with a fall of 0.44%, which has led it to stand at 9,009.3 integers, on a day marked by the decisions announced by the Federal Reserve (Fed) on the course of its monetary policy .

At 7:00 p.m., Fed Chairman Jerome Powell will appear before the media to present the agency's monetary policy decisions. The market discounts a 25 basis point increase in interest rates, which would raise them to a target range of between 4.75% and 5%. However, recent developments in the banking sector, with the collapse of four banks in the United States, could influence the decision in another way.

Regarding the Old Continent, this Wednesday it became known that the interannual inflation rate in the United Kingdom rose three tenths in February, up to 10.4%. On her side, the president of the European Central Bank (ECB), Christine Lagarde, has urged companies and workers to share the costs of the crisis to avoid an inflationary spiral.

In this context, Repsol ended up leading the increases, with an increase of 0.81%, followed by Endesa (0.73%), Inditex (0.52%), ArcelorMittal (0.34%), BBVA (0, 27%) and Red Eléctrica (0.25%).

On the other hand, Bankinter has been the 'red lantern' with a fall of 4.57%, ahead of Merlin (-3.86%), Colonial (-3.53%), Banco Sabadell (-2.70% ), Grifols (-2.63%), Unicaja Banco (-2.21%) and CaixaBank (-2.13%).

Regarding the rest of the stock market indices of the main European stock markets, the FTSE 100 in London has closed with a revaluation of 0.41%, while the French Cac 40 has advanced 0.26% and the Frankfurt Dax , 0.14% has done so. On the other hand, the FTSE Mib in Milan has lost 0.12% at the end of the session.

Regarding crude oil, a barrel of Brent reached 76.18 dollars, with an increase of 0.85%, while West Texas Intermediate rose 0.78%, up to 70.44 dollars.

On the other hand, the yield registered in the secondary debt markets for the Spanish bond with a maturity of 10 years rose to 3.354% this Wednesday, compared to 3.332% at which it closed on Tuesday. Thus, the risk premium stood at 103.9 points, one tenth less than the previous close.

The euro continued to gain strength against the dollar, appreciating 0.27% and reaching an exchange rate of 1.0797 dollars for each euro. The community currency had not reached this exchange rate since the beginning of February.

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