Post a Comment Print Share on Facebook
Featured Estados Unidos Colombia Crímenes Educación Petróleo

The Ibex falls 1.1% in the mid-session and loses more than 100 points after the Fed's decision

MADRID, 21 Sep.

- 5 reads.

The Ibex falls 1.1% in the mid-session and loses more than 100 points after the Fed's decision

MADRID, 21 Sep. (EUROPA PRESS) -

The Ibex 35 accumulated a fall of 1.12% towards the mid-session, which implies a decrease of about 108 points, reaching 9,537.9 points, after this Wednesday the United States Federal Reserve decided to leave unchanged interest rates in a target range of between 5.25% and 5.50%.

Despite the Fed's decision to pause rate increases, the president of the central bank, Jerome Powell, indicated in the subsequent press conference that some additional rise in the price of money was not ruled out for the remainder of the year.

During the first stages of negotiation this Thursday it was also known that the Swiss National Bank has decided to leave interest rates unchanged at 1.75%, while the Bank of Sweden has decided to raise them to 4%, that is , 25 basis points more, and the Bank of Norway has placed them at 4.25%, also 25 basis points more.

Investors are now awaiting what the Bank of England also decides to do regarding the price of money.

In this context, only two values ​​have managed to escape the 'red' that has dyed the entire Ibex. Bankinter rose 1.54% in the mid-session, while CaixaBank rose 0.58%.

Among the rest of the stocks, the biggest declines were those of Acciona (-2.53%), Colonial (-2.40%), Meliá (-2.20%), Solaria (-2.16%), IAG ( -1.97%), ArcelorMittal (-1.94%) and Aena (-1.91%).

The stock market falls were not exclusive to the Ibex 35, but were general in the rest of the main European markets. London fell 0.59% in the mid-session; Paris, 1.32%; Frankfurt, 0.96%; and Milan, 1.31%.

For its part, a barrel of Brent stood at $92.58, 1.01% less, while West Texas Intermediate (WTI) reached $88.77, 0.99% less.

The yield on the Spanish bond maturing in 10 years rose in the mid-session to 3.787%, from the 3.75% recorded at the close of Thursday. In this way, the risk premium against German debt rose by two tenths, to 105.1 basis points.

In the foreign exchange market, the euro remained practically stable against the dollar and was trading at 1.0656 dollars for each unit of the community currency.