- Wall Street ended last session flat and mixed sign
- The Spanish index should surpass the 10,758 to end the period of cuts that lasts 15 weeks
The Ibex dawns green on Tuesday and reacts with sharp gains (+ 0.7%, 10,432 points) thanks to the good performance of the banks and also of Repsol. Of course, to end the current correction phase that lasts 15 weeks, the Spanish index should exceed the level of the 10,758 points
- 11.362,800
- 1,10%
The banks were the architects of Monday's declines in a day still clearly summer with few references of interest and loose trading volume. In the calendar of this Tuesday it is possible to emphasize the ZEW of August that is published in Germany and the Euro Zone and the data of housing in the United States. Apart from this, investors are still waiting for a Donald Trump who spoke on the last day and who, among other things, gave some clues about the new strategy of the United States in Afghanistan that supposes a change with respect to its initial plans: it will send 4,000 soldiers. More in spite of his promise of withdrawal.
However, the European stock markets add positions this Tuesday. This, after Wall Street ended last day with modest increases in the Dow Jones and S & P (0.13% and 0.12%, respectively) and with 0.05% falls for Nasdaq. For the rest, experts continue to point to Jackon Hole as the most important event this week. The high-level symposium begins on Thursday and ends on Saturday and Janet Yellen is expected to give some clue about the Federal Reserve's (Fed) monetary policy since it seems discarded that Mario Draghi offers nothing new in his message at Wyoming, according to analysts.
On the business front, Vienna Insurance, Antofagasta and Persimmon are among the top companies expected to post figures on Tuesday. In addition, in Spain are news Telefónica and Bankia after being known that the 'shorts' have returned to the attack in both companies during the first two weeks of August. On the contrary, the bearers have decreased their bet against DIA and Técnicas Reunidas, the two companies most pressured.
