Ibex 35 falls by 1.55% dragged down by the ECB and oil above 100 dollars
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.
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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.
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.
Ibex 35 falls 0.30% at the open to 19,513 points, pressured by oil and the ECB meeting.
Ibex 35 rises 1.05% to 19,585 points, driven by oil at $95 and corporate earnings. ECB meets this Thursday.
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.
Brent remains at $88.3 after surpassing $90 for the first time in a month. Houthi naval blockade threats strain markets as tech giants report.
Ibex 35 falls 0.4% due to Middle East tensions and the burden of Chinese AI, with Repsol up and tourism down.
Analyst Juan Ignacio Crespo warns that liquidity in the markets has disappeared, with the Fed injecting $35 billion daily and reverse repo at lows.
Bankinter expects stock markets to improve this week supported by the ECB and corporate earnings, with inflation moderating and oil under control.
Ibex 35 futures fall slightly due to Brent oil exceeding $90 amid rising tensions in the Middle East.
The Japanese yen weakens against most currencies due to rising oil prices after Iranian attacks in the Strait of Hormuz. The BoJ keeps rates at 1%.