- Donald Trump imposed his economic ideals at the G20 meeting
- German Social Democrats have elected Martin Schulz as candidate to challenge Angela Merkel
- Today is a holiday in several autonomous regions of Spain so the volume in the Ibex could be lower than usual
After a very intense week in which the Ibex rose more than 2%, another five days start, which will have the peculiarity of this first session, in which it is a holiday in some autonomous communities, including Madrid. It is possible, therefore, that after a Friday of more volume, today is a quieter day with less trading volume, which usually brings with it also more sudden movements in the markets. At the moment, the Ibex has opened with falls of 0.3% (10,212 points).
- 19.032,000
- 1,43%
The week is going to be much quieter than the past in terms of references, although it starts with the 'twirling' of the G20 this weekend and also the political developments from Germany. In this country, the Social Democrats organized a convention on Sunday in which the party overwhelmingly confirmed Martin Schulz as a candidate to challenge Chancellor Angela Merkel in the September elections. As for the G20 meeting, which was also held in Germany, it issued a statement in which the United States succeeded in not condemning protectionism.
This Monday, and continuing with the current political situation, France is prepared to hold its first presidential debate with the main candidates. Meanwhile, Eurozone finance ministers will meet in a Eurogroup meeting to discuss developments related to the second revision of Greece's macro-economic adjustment plan.
AND THE IBEX?
The Ibex is getting closer to its next resistance: the 10,500 points in first place and the 10,600 points, once they have been overcome. The only 'but' on the way is that the bullish session of last Thursday's session, at 9,983 points, could end up being filled.
Bolsamanía expert José María Rodríguez points out that the Ibex, which has risen almost 10% in the year, has done so with Telefónica and Banco Santander. "The operator rises 20% in the year while the Cantabrian entity does in 15%."
Lastly, it should be noted that, from the business point of view, the new shares of Quabit's capital increase are being traded on Monday in Spain. Outside our country, Unilever is preparing to sell some of its food brands for £ 6bn, according to British media reports this weekend.