Monday, May 29

New falls for the Ibex 35 that moves away from 8,800 points


FINANCIAL MARKETS

Asian stocks were weighed down by US Treasury yields hitting new two-year highs and tech stock sell-offs around the world, unnerving investors concerned about inflation and poised for tighter monetary policy. strict in the United States.

Oil prices rose for the fourth day in a row and reached their highest level in seven years, with the disruption of a pipeline running from Iraq to Turkey raising concerns about an already limited supply, amid worrying problems. geopolitical with Russia and the United Arab Emirates.

MACROECONOMIC DATA

This Wednesday the CPI data for December from the United Kingdom and Germany will be released. At European level, the data on the current account balance for November and the production of the construction sector for the same month in the euro zone will be published.

In the US, data on MBA mortgages and building permits and housing starts for December will be released.

BUSINESS

Repsol steps on the accelerator in the sale of its green subsidiary; has commissioned JP Morgan to place between 10% and 25% of the capital of Repsol Renovables (Expansión)

Interviews with Gabriel Escarrer, CEO of Meliá: “Reservations exceed those of 2019 and at Meliá we will have benefits” (Five Days); Meliá will issue bonds this year to diversify its debt (Expansion)

Avatel shakes the map of the ‘telecos’ in Spain with the purchase of SomosFibra (Expansión)

Ericsson files new patent infringement lawsuits against Apple (Reuters)

Telecom Italia presents a renewal plan as an alternative to the acquisition by the KKR fund (Reuters)

ECONOMY AND POLITICS

Euro zone inflation in 2022 is likely to remain higher than expected a month ago, according to several economists polled by Reuters, which could put pressure on the European Central Bank to tighten monetary policy once the wave of the crisis has passed. omicron variant of the coronavirus (Reuters)

UK Prime Minister Boris Johnson is on the verge of an internal no-confidence vote, according to multiple media reports, following an angry backlash over claims that parties were held at his official residence during the country’s coronavirus lockdowns. (Reuters)

Germany signaled on Tuesday it could halt the launch of the Nord Stream 2 gas pipeline from Russia if Moscow invades Ukraine, while Western countries joined Kiev over a Russian troop surge along its border that has stoked fears. to a war (Reuters)

EVENTS

– The Minister of Economy, Nadia Calviño, attends the informative breakfast Forum Europe in Madrid, in which the general secretary of the PSOE of Castilla y León, Luis Tudanca (â????â????â???? 0900h); then closes the presentation of the Project “Spanish Screenings XXL” (1230h)

– The Minister of Industry and Tourism, Reyes Maroto, intervenes in Fitur in an act on new competitive paradigms in sun and beach destinations (1600h)



www.estrategiasdeinversion.com