IBEX 35 · IBEX35 Daily Market Briefing

Neutral

IBEX 35 closes at 20,176 points, up 2% this week, near historic highs.

Over the past week, the IBEX 35 index has risen by 2%, closing at 20,176 points, close to its historical peak. This upward trend is attributed to a weaker-than-expected U.S. jobs report, which dampens expectations for further Federal Reserve rate hikes, and diplomatic progress in the Strait of Hormuz, easing oil price pressures. European markets, including the DAX, CAC, and FTSE, have also responded positively to these developments.

Key points

  • U.S. job losses in July reduce likelihood of Federal Reserve rate hikes.
  • Diplomatic progress in the Strait of Hormuz stabilizes oil prices.
  • European markets, including DAX, CAC, and FTSE, reach new highs.
  • Analysts caution about persistent inflation risks and restrictive monetary policies.

Sources

AI-generated from public news sources. Not financial advice.

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