Investors quote new macro references on Wednesday that will provide clues about the economic recovery
Inflationary pressures that once again sparked fear in the market on Tuesday give way to a truce day in which the Ibex-35 will try to recover 8,900 points after the close of May with a 3% advance, also supported by the economic reopening in Shanghai. after weeks of confinement due to the coronavirus.
In particular, the selective June opens with increases of 0.3% to 8,880 points thanks to the push of Acciona, which rises more than 2.2% in the first phases of the price.
Among the business protagonists of the day, Telefónica stands out, discounting the preferential subscription right of the capital increase made for the payment of the flexible dividend of EUR 0.148 gross per share.
In the difficult balance between inflation and growth that investors have been battling for months, this Wednesday it is time to focus on the second part of the equation, with the release of PMI data for manufacturing across regions.
In anticipation of the European benchmark, it was already known in China that the ratio stood at 48.1 points in May, below the 50-point barrier separating expansion from contraction in the growth rate.
The market is once again wary of oil futures which, following sharp swings with the European embargo on Russian crude, will continue their gains to bounce above $116 in the case of the reference Brent-type barrel in Europe. The American West Texas for its part costs about $115.78.
Source: La Verdad
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