MADRID, 11 Abr. (EUROPA PRESS) -
The Ibex 35 was trading at 10,668.20 points in the mid-session this Thursday, which represents a drop of almost 1% compared to Wednesday's close, with investors attentive to the clues that the European Central Bank may give. (ECB) on a possible rate cut for the summer.
The consensus of analysts conferred by Europa Press considers this Thursday's meeting as a transitional meeting, where the most notable thing that can be expected is an even clearer tone in order to prepare a first cut in interest rates in the June conclave and about the rate of declines starting in the second half of the year.
The ECB meeting comes a day after the Bureau of Labor Statistics of the United States Department of Labor reported that the country's consumer price index (CPI) stood at 3.5% year-on-year in the month of March , three tenths above the February figure, while the underlying index closed with an increase of 3.8%, the same figure as the previous month, which could push away the first rate cut by the Federal Reserve and reduce the intensity of monetary relief this year.
Also internationally, China's consumer price index (CPI) recorded a year-on-year increase of 0.1% last March, in contrast to the 0.7% rise in the previous month, according to data published this month. Thursday by the National Statistics Office (ONE). The weakness of inflation recorded in March in China is largely due to the 1.4% drop observed in food prices, which in February had fallen by 0.1% annually.
On the other hand, the President of the Government, Pedro Sánchez, met today with representatives of the real estate and banking sector in Moncloa to analyze housing problems and the latest measures that the Executive has approved, such as the procedure to eliminate the ' Golden Visa' for foreigners in exchange for buying homes or guarantees to finance the payment of the down payment for the purchase of a property for young people.
In this context, Meliá led the selective in the mid-session (2.34%), followed by Acciona Energía (1.91%), Naturgy (1.47%), Enagás (1.26%), ArcerlorMittal (1. 01%), Solaria (0.95%), Iberdrola (0.91%) and Redeia (0.84%).
On the opposite side are Grifols (-4.77%), IAG (-2.73%), Sacyr (-2.66%), BBVA (-2.16%), Banco Sabadell (-1.85%) , Banco Santander (-1.35%), Aena (-1.18%) and CaixaBank (-1.17%).
The negative evolution towards the mid-session was common in the main European stock markets. London fell 0.14%; Paris, 0.02%; Frankfurt, 0.47% and Milan, 0.57%.
In raw materials, oil remained practically stable. A barrel of Brent stood at $90.38, 0.12% less, while West Texas Intermediate (WTI) fell 0.19%, to $86.04.
In the debt market, the yield on the Spanish bond with a 10-year maturity stood at 3.261%, from 3.243% at Wednesday's close. In this way, the risk premium against German debt rose by half a point, to 81.3 basis points.
In the foreign exchange market, the euro depreciated 0.15% against the dollar, until trading at an exchange rate of 1.0727 'greenbacks' for each euro.
