• In Europe continues the summit of leaders of two days in which the Brexit is the great protagonist
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Europe fell this Thursday and continues to fall this Friday (Ibex: -0.31%, 10,135 points). The Spanish market lost 10,200 at the close and is already trading at levels of 10,100 and looking towards the support it has at 9,900 points. The key resistance, the 10,600, now seems far after chaining four consecutive sessions of setbacks (if you close this Friday in red, it would be five sessions followed by descents).

  • 10.983,700
  • -0,40%

"There is a small support in the 10,100 points (of the Ibex) but the most important is in the minimum of November, at 9,900 points," explains the expert of 'Bolsamanía', José María Rodríguez. "The main culprits of the weakness of our index this Thursday were Inditex and Telefonica, which is still immersed in a continuous and slow downward drip that leads it to fall about 20% from the highs of the year", adds the expert.

Investors will remain pending this Friday of everything related to the tax reform in the United States after knowing that two Republican senators are reluctant to vote in favor of the tax plan as it is worded, which adds uncertainty about the final approval. The vice president of the United States, Mike Pence, has delayed a trip to the Middle East before the situation.

In Europe, the leaders continue with their meeting in Brussels in the framework of the two-day summit in which the agenda is headed by the Brexit. British Prime Minister Theresa May told her counterparts Thursday that she is working to reach an agreement. Finance Minister Philip Hammond will travel to China to seal a trillion-pound commercial deal, Reuters reports.

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