Ibex 35 today, Stock market live

The uncertainty raised by France acted as a brake on European stock markets, which closed mostly lower despite strong consumer price data in the region and a slowdown in the Fed’s preferred inflation gauge in the US. The Ibex ended the session down 0.07% at 10,943.70. Despite falling in the last four sessions, the Spanish benchmark has gained 8.3% for the semester overall.

European stock markets ended the session mostly lower compared to new all-time highs Wall Street. Following the first presidential debate between Joe Biden and Donald Trump, the media are converging on the current president being labeled the loser of the televised contest. While waiting for confirmation of the possible impact on the polls, the main Wall Street indices are catching their breath for the most anticipated data of the week: The Fed’s Preferred Inflation Indicator. Inflationary pressure fell from 2.7% to 2.6%, and the base rate fell from 2.8% to 2.6%. These two numbers are in line with expectations and help revive expectations of an upcoming rate cut by the Federal Reserve.

Data from the US also put the category at risk first and foremost. CPI data in Europe corresponds to June. Prices in France They fell a tenth more than expected, from 2.3% to 2.1%. IN Italy avoided the expected rebound and stabilized at 0.8%. And in Spain They stuck to the script, reducing the rate from 3.6% to 3.4%. This trend toward price containment is key to the European Central Bank being able to repeat the rate cuts approved this month.

In addition to the consumer price index, European investors were not spared the uncertainty caused by the celebration of the first round of elections on Sunday. elections in France. Analyst firms warn of a significant impact they could have on the euro, debt and stock markets.

Update