Last Friday, investors bid farewell to a week of maximum tension in which volatility was the absolute protagonist with a gap of 200 points between the highest and lowest closing levels experienced by the Ibex-35.
However, this Monday the Ibex begins the week with a fall of 0.54%, which has led the selective to stand at 8,292 integers at the opening. This week, investors will pay attention to the US retail sales data, which will be published this Tuesday, with the forecast, according to analysts, of a “slight reversal” compared to the previous data, which would show a drop in the sentiment of consumers about economic expectations.
On Wednesday it will be the turn of the CPI of the United Kingdom, which also estimates a cooling compared to March, while on Thursday the minutes of the last meeting of the European Central Bank (ECB) will be published. Also in the penultimate session, data on the real estate sector in the United States will be released.
After closing on Friday with a rise of 1.68%, the Madrid selective began the session clinging to the gates of the psychological level of 8,300 points, with most of the values in red.
In the early stages of this Monday’s session, the biggest falls were recorded by Merlín Properties (-2.04%), Repsol (-1.58%), IAG (-1.24%), Caixabank (-1, 31%), BBVA (-0.82%) and Iberdrola (-0.7%), while on the opposite side were Endesa (0.93%), Colonial (0.46%), Telefónica (0. 27%) and Acciona (0.22%).
The rest of the European stock markets opened with falls of 0.4% in the case of Frankfurt and 0.5% for Paris and London.
The price of a barrel of Brent crude, a reference for Europe, stood at 109 dollars, with a decrease of 1%, while a barrel of WTI oil, a reference for the US, fell 1%, to 107 Dollars. The price of the euro against the dollar stood at 1.0409 ‘greenbacks’.
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