The results of the first week among Ibex members show a slightly negative balance, and today’s session, with a truce on local accounts, maintains this unfavorable result. Doubts, despite today’s improvement in Rovi and Bankinter, call into question the level of 11,800 points at which it closed the previous four days.
The week ends with a break in the publishing season results among Capricorn members and, with less intensity, also in the avalanche of business accounts from abroad. Attention is increasingly turning to the results Wall Street’s tech giants will release next week, the main drivers of the stock market’s rally over the past year and the key to continuing the bull cycle.
Another determining factor in this bullish equity cycle is lower interest rates, and today’s agenda includes a corresponding barometer of inflation tensions. eurozone money supply the corresponding September rose a better-than-expected 3.2% compared with expectations of 3%. These figures were known at the same time as IFO Index Business confidence in Germany beat forecasts, improving to 86.5 points.
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