- The first election date in Europe is March 15 in the Netherlands
- The Ibex managed to save on Friday the previous lows located at 9,438 points
Begin a new week in which the Ibex will be pending, above, of 9,623 points and, below, 9,250 points. The good news is that last Friday, the Spanish index managed to close above the resistance that had in the lows of the previous Friday, in the 9,438 points. The selective finished in the 9,453 points and also showed a behavior that was better than the rest of the squares of the Old Continent.
The presentation of business results continues, although the season is already giving the last few shots. This morning the figures of Faes Farma have been known, with a consolidated profit in 2016 that grows 20.5% and exceeds 36.5 million euros. In addition, Almirall has reported that its net profit fell 42.7% in 2016, to 75.5 million euros. In the rest of Europe, the accounts of Persimmon and Associated British Food are published Monday. Here, in Spain, will also announce today their figures Sacyr, Ferrovial and Meliá Hotels.
At the macro level, Spain's inter-annual CPI remains at 3% in February after lowering the price of light. In addition, today we will know the confidence indicators of the Euro Zone in February and the January sales data for housing in the United States. In addition, in the area of currencies, it should be noted that the pound fell this morning after a Times article indicating that the Scottish government is planning to convene a new referendum on UK independence at the same time as British Prime Minister Theresa May, begins negotiations with the European Union (EU) to run Brexit.
This Wednesday begins the month of March, which will arrive in Europe loaded with electoral appointments. The first will take place on 15 March in the Netherlands and then the expected and feared French elections will be held, with a first round on 23 April and a second round on 7 May.