- On March 15, Dutch voters decide whether to give victory to the anti-European party
- Donald Trump does not give details about his economic promises
The Ibex begins March with force and with desire to rise. The rest of Europe is doing well this morning, with increases of 1% on average. The Spanish index is quoted above annual highs (9,623 points), at 9,634 points (+ 0.82%). Sabadell is the highest value (+ 4%) after selling its business in the United States for 967 million.
- 19.542,300
- 1,01%
With the figures of the Spanish companies that have been published this morning (Quabit, Dogi, Solaria ...), and those that have been meeting in the first hour (Amper), the period of presenting results for 2016 And opens a new period, which coincides with the opening of a new month. March will be the month in which the European political calendar will be 'activated', with the first appointment to be held in the Netherlands on the 15th. Fear of a triumph by anti-European parties will mark the Markets this spring, as what happens on the political plane of the Old Continent is 'combined' with the news coming from the United States.
President Donald Trump made his first appearance this morning before both chambers of Congress and the chronicles agree that his tone has been more conciliatory, especially in what has to do with his policies on immigration. On the economic front, Trump has promised to make a "historic" tax reform.
Another focus of this March will be the monetary policy meetings of the central banks. The European Central Bank (ECB) will take place on Thursday, March 9, and the meeting of the Federal Reserve (Fed) is expected with special interest, the next 14 and 15 March. New York Fed Chairman William Dudley and San Francisco Fed's John Williams spoke on Tuesday and were in favor of a rate hike at this meeting.
At the macro level, the manufacturing PMI Caixin of February has been published in China, which has been above expectations (51.7 vs 50.8). In Spain, the manufacturing PMI in February was below expectations (54.8% versus 56.0). Throughout the day will be published PMI manufacturing Euro Zone, data on unemployment and inflation in Germany and weekly references of crude in the United States, not to mention the Beige Book of the Federal Reserve (Fed), to Eight in the afternoon Spanish time.