The Ibex 35 has started this Tuesday’s session with a rise of 0.9%, which has led the selective to be in the 8,687.5 integers at 9:01 a.m., in a week that will be conditioned by the meetings of the Bank of England, in which a rise of 25 basis points is expected, and the European Central Bank (ECB), which could reiterate its idea of not raising rates in all year.
In addition, apart from the rise in crude oil and the crisis in Ukraine, investors will be aware of new macroeconomic data this Tuesday, such as the manufacturing PMI of several countries, including Spain, and the presentation of business results.
Thus, after closing January with a cut of 1.16%, the Madrid selective woke up at the gates of the psychological level of 8,700 integers, with most values in green, led by ArcelorMittal (+2.11%), Solaria (+1.98%), Sabadell (+1.66%), Amadeus (+1.62%), Inditex (+1.53%), Meliá Hotels International (+1.64%) and Caixabank (+1.3%).
The rest of the European stock markets also woke up with increases of more than 1% in the case of Frankfurt, London and Paris.
On the other hand, the price of a barrel of oil Brent quality, a reference for the Old Continent, stood at a price of 89 dollars, after advancing 0.15%, while Texas stood at 88 dollars, after gaining 0.18%.
Finally, the price of the euro against the dollar stood at 1.1262 ‘greenbacks’, while the Spanish risk premium stood at 72 basis points, with the interest required on the ten-year bond at 0.752%.