The Ibex is heading below 19,000 points
France's risk premium, the decline in technology stocks, and oil pressure create a complicated scenario for financial markets once again. The setback suffered in Asia gives way to a new brake in Europe that threatens to wipe out the 19,000 points of the Ibex.
French risk premium nears 150 basis points amid political unrest. The situation is complicated by declines in tech stocks and rising oil prices, with Brent crude over $110 per barrel. Asian markets saw significant losses, including a 4% drop in Korea's Kospi index, driven by declines in SK Hynix and Samsung Electronics. European markets are also expected to decline, potentially pushing Spain's Ibex below 19,000 points, as Enagás reports its results.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
