El Ibex apunta a una apertura en positivo

El Ibex 35 opened at 19.513 points on Monday, following a 1.60% decline during the trading session on Friday. Futures for key indices are indicating a positive opening, with gains of around 0.5% in European markets. After three weeks of declines across virtually all indexes, equities are seeking to recover positions in a scenario still influenced by the impact of the conflict in Iran on oil prices and central bank moves, with the backdrop of fears surrounding artificial intelligence.

Brent oil prices fell nearly 1.6% to $102.2 per barrel on Monday, after U.S. President Donald Trump stated he was willing to meet with Iran's President Masud Pezeshkian in the framework of the annual UN General Assembly sessions taking place in New York this week. Similarly, West Texas Intermediate (WTI) crude oil also dipped more than 1.6% to $98.6 per barrel.

Investors are also keeping an eye on the meeting between U.S. and Chinese Presidents Trump and Xi Jinping on Thursday in Washington, aimed at defining the future bilateral relations between the two powers. Among the main topics expected to be addressed are trade issues, rare earth metals and semiconductors, Taiwan, the technological race, and ongoing armed conflicts, particularly the one in the Middle East.

It remains to be seen whether the leaders will maintain the current commercial truce, which would be well received by investors, or decide to resume hostilities, experts at Link Securities predict.

In the debt market, focus is on the reaction of German and other European bonds to the results of local elections held this weekend in the country, where parties from the ruling coalition, CDU and SPD, had negative outcomes.