Friday, July 1

The Ibex 35 resists the bearish surge above 8,250 points

The Netherlands decreed a new lockdown on Sunday, as the possibility of further restrictions before the Christmas and New Year holidays loomed over several European countries, as the omicron variant of the coronavirus spread rapidly.

China cut its benchmark lending rate for the first time in 20 months, in an attempt to prop up the growth of its slowing economy, although it remains cautious about easing conditions in the country’s highly leveraged real estate market.

China will tighten enforcement of antitrust laws.

US Senator Joe Manchin, a moderate Democrat key to the US president’s hopes of passing a $ 1.75 trillion national investment bill, said Sunday that he will not support the package, prompting disapproval from the White House. .

Fed Governor Chris Waller, a notorious “hawk,” says he believes a rate hike in March is “very likely” and that the central bank could start cutting its balance sheet in mid-2022. of the San Francisco Fed, Mary Daly, refused to rule out a hike in March and was in favor of making up to three hikes next year.

The European stock markets have ended this Monday with general declines, while Wall Street is trading with declines. The Italian FTSE Mib ended the session this Monday with a decrease of 1.55%, the Euro Stoxx 50 was 1.30%, the London FTSE 100 was 0.99%, and the Ibex 35 was 0.83%. and Cac 40 0.82%.

In his technical analysis of today’s Ibex 35, Ei’s director of analysis, Luis Francisco Ruiz, explained that “in the short term, the breakdown of support significantly blurs the probability that we will attend the famous Christmas rally.”

“As long as the index does not exceed 8,311 points and breaks with the downward dynamics that starts from annual highs, the moment is clearly negative and the composition favors further falls. The next level of support or support is established around the control zone that is we are at 7,992 points; a blue dashed line drawn in the upper graph “, says Luis Francisco Ruiz. (See the technical analysis of the Ibex 35 in full).

The asian bags They fell after the tightening of restrictions in Europe in the face of the increase in cases of the omicron variant of COVID-19, which threatens to depress the world economy in the new year.

The values ​​of the Ibex 35 that have risen the most today have been Rovi by 3.33 after debuting in the Spanish selective, Acciona by 0.38%, Solaria by 0.31%, CIE Automotive by 0.31% and Red Eléctrica by 0 , 29%.

Merlin Properties has left 6.34%, Grifols 4.61%, ArcelorMittal 3.18%, Siemens Gamesa 1.88% and Colonial 1.87%.

Merlin Properties has fallen sharply this Monday in the Ibex 35 after it became known that its main shareholder, Banco Santander, proposed to relieve the CEO Ismael Clemente.

The heavyweights of the selective have not been spared either the falls BBVA has left 1.03%, Repsol 1.02%, Cellnex 1%, Banco Santander 0.74% and Iberdrola 0.10%.

In the Continuous Market, Clínica Baviera has registered an increase of 6.19%, Montebalito 4.05% and Soltec 3.66%. Ezentis has lost 7%, Berkeley 6.38% and Grenergy 5.25%.

The prices of the Petroleum They fell, with the increase in cases of the omicron variant of the coronavirus in Europe and the US fueling fears that new restrictions on companies could affect fuel demand. Brent futures fell 4.30% at $ 69.84, while West Texas fell 5.01% at $ 66.78.

Reference-www.estrategiasdeinversion.com

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