El Ibex busca los 20.100 puntos

The Ibex 35 index aims for 20,100 points as key European indices forecast potential gains, propelling the Ibex 35 to surpass the 20,000 mark a day after reaching that milestone. The Spanish selective index climbs by 0.34% in premarket trading. Euro Stoxx rises by 0.32%, while Dax, Germany's benchmark, gains 0.26%, and Cac, France's index, increases by 0.40%.

The British FTSE adds 0.34% to its value. Yesterday, the Ibex 35 closed with a 0.69% gain, reaching 20,098.60 points. Investors' primary focus this week will be Nvidia's earnings, which will be released tomorrow and serve as a barometer of the AI sector's health. Another major event for markets is the Federal Reserve's meeting in Jackson Hole, Wyoming, where the Fed's new president, Kevin Warsh, will make his debut.

The meeting aims to shed light on the Fed's next steps in monetary policy, with investors eagerly awaiting insights into the recent turbulence in U.S. public debt interest rates, particularly in the long-term debt references. In the U.S., the 10-year Treasury bond yield remains at 4.70%, while the 30-year reference stays near 5.3%.

In Europe, the German Bund yield edges closer to 3.25%, and the Spanish 10-year bond stabilizes at 3.70%. Warsh's intervention is scheduled for Friday, and investors anticipate clues about the Fed's forthcoming monetary policy direction, as the Federal Reserve convenes for its next meeting on September 16. In the forex market, the euro falls below 1.17 dollars, while the British pound remains steady at 1.36 dollars.

Gold continues to trade above $4,700 per ounce, driven by tensions in the bond market. Bitcoin also shows an upward trend, surging by 4% and nearing $80,500.