The Ibex struggles to get the 10,400 points on the Brexit's day

'Piano, piano'. This is how the Ibex is progressing, step by step. This Wednesday has started with a rise of 0.19%, just at 10,400 points (now trading slightly below these levels) after yesterday closed at 10,389 points. Rises for the Spanish selective and for the rest of European stock exchanges after the rise in the American stock yesterday (Dow Jones: + 0.73%, S & P 500: + 0.73%, Nasdaq: + 0.6%). Wall Street ended a session, finally, clearly positive after several days of doubts and mixed sign. Investors celebrate good macro data.

However, despite the fact that today is a day with a protagonist not too 'comfortable' - the Brexit, which is finally active on Wednesday - the European stock exchanges, and also the Ibex, are eager to keep adding positions, and more even though what happens on the other side of the Atlantic serves as support.

The Spanish selective surpassed on Tuesday the annual high that presented in 10,334 points. "It seems that it wants to continue its bullish climb up to the level of 10,500 points," says Bolsamanía expert, César Nuez. On the opposite side, the first level of support stands at 10,191, although key support is at 10,092 points.

POLITICS, POLITICS AND MORTE POLITICS

Although today is a day with a protagonist not too 'comfortable', the Brexit, gives the impression that the stocks are eager to keep going up

At last has arrived the day of the start of the disconnection of United Kingdom. Although the process is officially starting today, with the activation of Article 50 of the Treaty of Lisbon, experts agree that all the way to the exit of the United Kingdom from the Union will be very complex. The British ambassador to the EU, Tim Barrow, is expected to physically deliver a letter - in which the United Kingdom notifies its intention to leave - to the President of the European Council (EC), Donald Tusk.

The text will be signed by Theresa May, who will talk at that time tothe British Parliament. Once the intention to leave has been notified by letter and within 48 hours, Tusk will respond with "guidelines" in a document that forms the basis of the negotiations. Finally, on April 29, EU heads of state and government will meet at an extraordinary summit to determine the negotiation lines.

Beyond the timetable for implementing the process, as noted above, it is expected to be very complex. Both parts - the United Kingdom and the EU - have a deadline of 18 months to reach an agreement, which seems like a not too wide time. Theresa May, the British premier, has already warned that she prefers that there be no agreement that there is a bad, accepting that the UK could leave the EU without an agreement that would provide a framework to regulate relations with the bloc.

Neinor Homes debut is the first launch of a real estate developer in a decade

And outside of Europe, Donald Trump continues to implement his political promises ... or at least those that let him implement. The last thing the US president has decided is to end the war on coal by signing a new Executive Order to eliminate the regulation of CO2 emissions from power plants decreed by Barack Obama a year and a half ago. The Order also involves resuming the granting of permits to exploit coal on public lands and overrides the Public Administration's obligation to estimate the social impact of greenhouse gas emissions.

NEINOR

In Spain today is news Neinor Homes. The real estate will be launched on the stock exchange at 12 o'clock at a price of 16.46 euros. This operation is the first public offering of a real estate developer in a decade. Juan Velayos, CEO at Neinor, stars today the covers of the economic means. Velayos has said that its intention is to sell 4,000 flats per year and that they go to the Stock Exchange to lead the promoter sector in Spain.

Neinor, formed in 2015 by the Lone Star fund with the real estate assets it bought from KutxaBank, will also be the second debut in this year's Madrid park, after Prosegur Cash. Both will happen in April, and after will come the debut of the automotive components manufacturer Gestamp.