Markets are trying to digest US inflation data, which fell less than expected. Euro Stoxx 50 futures are expected to open negatively. The Ibex 35 index fell 0.59% yesterday and today starts at 9925 points. The Spanish selective market has shown a decline of 1.75% this year.
Chinese stock markets remain closed for the Lunar New Year holiday.
Wall Street closed in the red yesterday and the Dow Jones Industrial Average lost 500 points as inflation continued. For its part, technology company Nvidia surpassed e-commerce giant Amazon in market value Tuesday at the close of the session on Wall Street, a milestone it hasn’t reached since 2002.
Tiffany Wilding, an economist at PIMCO, argues that the US inflation report “was more resilient than expected” and “while a lot could happen between now and mid-year as Federal Reserve officials plan to begin easing monetary policy, reports like these could delay the start of rate cuts.” He reiterates his view that the Fed “will not cut rates until mid-year (or later).”
Euros exchange at $1.0715.
Brent crude, Europe’s benchmark, costs $82.66 a barrel.
The yield on 10-year Spanish bonds rose to 3.360%.
Quotes
STOCK EXCHANGE – CURRENCIES – DEBT – INTEREST RATES – RAW MATERIALS
Follow all the information Five days V Facebook, X And LinkedInor in our newsletter Five days program
The most important economic quotes of the day, with keys and context to understand their scope.
get it
After qualifying for the Champions League final, get the chance to play against PSG, Borussia…
Mexico is a seismic country so it is important to be alert to seismic activity.…
Researchers in Cordoba have discovered a mysterious new disease, rat hepatitis E, in dozens of…
Bonoloto holds draws every day of the week. (Information/Jovani Perez)Bonolotoone of the main Spanish lotteries,…
Well, today we are going to find out because both in the past and today,…
From HamburgIt's 10:20 on Sunday in Hamburg. Jairo drinks beer at the Domshanke bar. He…