The Fed to Keep Rates High Until Year-End Due to Persistent Inflation
The Fed will keep rates at 3.50%-3.75% due to persistent inflation and solid employment, according to analyst consensus.
Stock market and markets: IBEX 35, index analysis, equities, debt, commodities and currencies for investors.
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Gold drops 0.2% to $4,037 per ounce due to expensive oil and fears of a Fed rate hike in September.
The Fed will keep rates at 3.50%-3.75% due to persistent inflation and solid employment, according to analyst consensus.
Ibex 35 drops 1.55% to 19,267 points, weighed down by the ECB and oil over 100 dollars after Houthi attack on Saudi ships.
The IBEX 35 rose by 0.99% on Wednesday, reaching 19,571.30 points, driven by buying during initial dips and consolidating the weekly upward trend.
Ibex 35 rises 1.05% to 19,585 points, driven by oil at $95 and corporate earnings. ECB meets this Thursday.
Ibex 35 rises supported by results from Santander, Iberdrola and Naturgy, despite tensions in the Middle East and rising oil prices.
Alphabet and Tesla release results after Wall Street closes, a key test for the AI rally. The Ibex 35 drops 0.12%.
Ibex 35 opens down 0.5% to 19,282 points, weighed down by oil at $93 and attention on corporate earnings.
The Bank of Spain authorises Criptan to operate payments with regulated stablecoins, joining Bit2Me, Crossmint, and Minos.
On July 23, a seminar in Ho Chi Minh will discuss the impact of AI, blockchain, and big data on the Vietnamese stock market.
Ibex 35 rises by 0.8% and recovers 19,300 points. In the next ten days, 31 companies in the index will report quarterly results, with CaixaBank hitting record highs.
Ibex-35 falls 0.05% to 19,206.9 points, with Grifols (+3.72%) and Solaria (+1.78%) as rising stocks amid geopolitical tensions.