Tuesday, August 18, 2015

SPAIN: The Ibex 35 prepares a new assault on the resistance of 11,000 points – EntornoInteligente

SPAIN <- - AUGURE_NOTICIA_INICIO>: The Ibex 35 prepares a new assault on the resistance of 11,000 points / Expansion / The European stock futures traded with smooth progress. The Ibex, who yesterday lived a session of ups and downs, is preparing a new assault on the 11,000 who lost last week and yesterday managed to overcome at times.

European shares closed yesterday with mixed performances, with declines for the German DAX and London FTSE. The Dow, which managed to close with gains of 0.19%, is again facing resistance at 11,000 points. No major references trading today and much of rental investors, volatility may return to star in the session.

Today investors will watch for the listing of the two big banks, after Berenberg BBVA raised its target price and the reduced to Santander, although both with sell recommendation.

In the debt market, the profitability of the Spanish ten-year bond is stable below the 2% the risk premium in the vicinity of 130 basis points. Today the Treasury bill auctions held at six and twelve months in which expects to attract between 4,500 and 5,500 million euros.

The euro is exchanged for $ 1.105, up ground after yesterday after poor data index Empire State manufacturing known in the United States.

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