El Ibex no se deja intimidar por la Fed
La subida de tipos aprobada por la Fed y el tono agresivo de sus mensajes no pilla por sorpresa al mercado. La contención en los precios del petróleo ayuda además a suavizar las proyecciones de nuevas subidas de tipos. Wall Street apunta al rebote, y el Ibex intenta repetir el tono positivo de ayer. Leer
The Federal Reserve's decision to raise interest rates for the first time since 2023 has not intimidated the Spanish stock market, with the Ibex attempting to replicate yesterday's positive tone. Despite aggressive messages from the Fed, the market has found some encouraging signals. Analysts highlight the Fed's credibility in challenging Donald Trump's calls for rate cuts. The central bank reiterated that inflation will largely determine its path forward.
Today, there is a slight relief as oil prices move away from their recent highs of $109 per barrel, with Brent crude registering slight intraday lows below $105 per barrel. The market's focus on these two key factors aims to stabilize debt interests. In the United States, the interest rate hike barely affects the 10-year debt, which remains frozen near the 5% threshold. In Europe, German bund yields hover around 3.50%, while Spain's 10-year bond yields sit at around 4%.
Despite the prevailing downtrends in Wall Street yesterday, the market showed a positive tone in futures. Technology stocks joined the rebound, taking advantage of more calm waters in sectors closely tied to artificial intelligence. The Spanish stock market also avoided further steep declines, with the Ibex rising 0.41% yesterday and stability in debt interests potentially keeping the index around 19,600 points.
Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.