Ibex loses the 10,500 points

The Ibex is leaving 0.3% (10,486 points) and remains calm and waiting for BBVA, which usually acts as a 'leading indicator', confirms above 7.6 euros. Until this happens, the Spanish index will hardly react. At bottom, the support continues to be at 10,380 points. This Thursday Telefonica continues to fall after yesterday's cuts. Santander, on the other hand, yields slightly on the day they begin to quote their rights, which are also flat.

Investors have the employment data of ADP in the United States that anticipate the June Employment Report that is published there on Friday. As always, these references will be followed closely, as will the minutes of the last meeting of the European Central Bank (ECB).

Oil recovered this morning after falling 4% last session after it was known that OPEC (Organization of the Petroleum Exporting Countries) exports grew for the second consecutive month. At this time the oil is recovering (barrel Brent: + 0.69%, Barrel West Texas: + 0.66%).

Meanwhile, US President Donald Trump is visiting Poland, where he will meet with his NATO allies. The meeting comes at a time when the United States has announced that it is ready to use force to end North Korea's nuclear program if necessary. In the Middle East, Saudi Arabia and its allies decided not to increase sanctions against Qatar but said the country's response had been "negative" and maintained the current sanctions.