The selective is accumulating 1.4% losses through Thursday, with investors anticipating the euro’s weakness against the dollar
Investors are facing the end of a week of maximum tension in which volatility has been the absolute protagonist with a 200-point gap between the highest and lowest closing level the Ibex-35 has experienced. After losing more than 1.3% yesterday, the selective rebounded 0.45% to 8,246 points, which it will take to completely wipe out the losses built up in the week, which will total 1 by Thursday. .46%.
The recovery trend is similar in European stock markets, which also reflect the gains on Wall Street and especially the greater calm in the cryptocurrency market. After collapsing early in the day on Thursday, these assets, which have become a veritable measure of investor risk aversion, are recovering positions with bitcoin poised to recover from the $30,000 threshold.
In a session with few macroeconomic references, investors in Spain have already received final inflation data for April, which stood at 8.3%. And this, that the price increase is starting to subside, is one of the big market expectations for the coming months, during which the actions of the central banks will be closely monitored.
Meanwhile, oil prices in the commodities market continue their upward trend with gains of more than 1% keeping the barrel of Brent, a benchmark in Europe, above USD 108, while the US West Texas surpasses USD 107, with the euro at USD 1.0390 , with what that means for the oil bill.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
