The Ibex 35 has managed to halt two days of declines and is seeking a positive balance at the end of the week. This is due to the truce proposed by Iran to the United States and the drop in oil prices.
The Ibex 35 has ended two days of declines thanks to a breather in the markets, driven by the proposal of a temporary ceasefire from Iran to the United States and a fall in oil prices. According to expansion.com, the index closed yesterday at 19,573 points, very close to the 19,513 it concluded with last week.
The market's attention has been focused on the discussions between the leaders of the United States and China during the UN summit. Despite the anticipation, investors have reached the end of the week without concrete details on trade and geopolitical proposals.
The decrease in pressure in the debt market has also contributed to this recovery, with the yield on the ten-year U.S. bond falling from 19-year highs, surpassing 5.20%. In Europe, the yield on the German bund remains close to 3.60%, while the Spanish ten-year bond reaches 4.105%.
With this upward momentum, the Ibex 35 aims to secure a positive balance for the week, providing a breather for investors in a context of growing uncertainty.
You may also like
