The domestic selective has concluded with increases a day marked by the publication of the January CPI in the US, which increased 0.5% to a 3% year -on -year rate. This increase in inflation, unexpected by analysts, has cooled the possibilities that the Fed executes a Progressive moderation of monetary policy Throughout this year: Fedwatch estimates indicate that a single type cut in 2025 will be applied. The perspective of a high price of money for a longer time has reinforced the benefits of the bank, which has advanced with vigor , promoting the Spanish indicator, leading him to exceed 12,900 integers and allowing him to lead the increases in the European parks. For its part, Wall Street is listed in red, with ten -year bonus yield fired in eleven basic points up to 4.65%.
Ibex 35 has risen 1.07% to 12,911.5 unitspushed up by the banking sector, commanded by Bankinter (+3%), CaixaBank (+2.52%), Unicaja Banco (+2.48%), BBVA (+2.18%), Santander (+1 , 96%) and Sabadell (+1.99%). These increases from the Spanish indicator, which renew annual maximums and is not seen not seen since 2008they have also been registered by other companies such as Grifols (+2.69%), which has climbed positions after a favorable coverage of Morgan Stanley and the publication of an optimistic Barclays report on its results, and Sacyr (+2, 29%). On the other hand, Maprfe (-1.56%) has led the descents, after showing problems in car insurance in Spain in accounts that have reflected a 30% increase in their benefit in 2024.
For its part, the rest of European stock markets have registered generalized increases. Eurostoxx 50 has advanced until exceeding 5,400 integers, driven by the increases of more than 7% of kering, after Deutsche Bank maintained his recommendation in “Buy”, on the day later know that Gucci cost control measures were effective, despite of the fall of your income in the last quarter of 2024. These profits from the luxury firm They have pushed the French CAC up to CACwhich has exceeded 8,000 points. In parallel, The German Dax 40 has risen up to 2,100 points, while The British FTSE has advanced to touch the 8,800 units. In addition, The Italian Mib has yielded Positions slightly, until you get away from 37,600 points.
On the technical level, Joan Cabrero, an Ecotrader analyst, points out that “the most striking at this beginning of the year is that The IBEX 35 already accumulates a two -digit rise, exceeding 10% since the beginning of January“In this way, the Spanish selective” replicates the behavior of the German Dax 40 and the Eurostoxx 50 “. In addition, Cabrero is not surprised that the IBEX 35 has advanced in the short term,” especially after overcoming at the end of January the Key resistance that stopped the climbs in 2024, located in the area of the 12,000/12,155 points. “According to the analyst,” with the rupture of the 12,155 points, the door opens to the fact that, beyond possible consolidations, the search index In the coming weeks the 13,000 points zone “.
All this on a day in which Wall Street quote down. The Dow Jones descends almost 1% to 44,188 integers, while the S&P 500 yields 0.68% to 6,027 points. In addition, Nasdaq 100 falls 0.53% to 21,579 units. The US stock market responds with falls to a higher CPI data than expected, “confirming the anxiety of investors“Linked to the” overheated “data that lead to the Fed not to lower interest rates, according to Sameer Samanta, Wells Fargo Investment Institute analyst.
In this entity, Sema Shah, an analyst at Asset Management, underlines the awkward reading that the Fed will make of the current state of the US economy. In addition, it suggests that, if this situation persists over time, the inflation risk can be increased until prevent monetary authority from lowering the price of money this year. For his part, Chris Zaccarelli, an expert from Northlight Asset Management, believes that the market will begin to overreach the risks of the policy ‘Higher-Forter-Longer’ (high types for a longer time) of the Fed. In addition, he adds that the pressure Inflationary could lead to the agency headed by Powell to harden its monetary policy, increasing interest rates.
#IBEX #rises #exceeds #points #driven #bank
