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The Ibex fights for 8,100 despite pressure from Repsol, the tourism sector and the banks



The Ibex yields 0.5% at this time on Thursday (8,122 points) while Wall Street closes for Thanksgiving. Within the selective, the falls in Repsol (-3.5%) stand out after presenting the details of your strategic plan. They also descend strongly IAG (-3.69%), Meliá (-1.56%) or banks, while PharmaMar and Almirall lead on the positive side.

In the macro sphere, few references after there was an avalanche of them in the US last day. The GDP fell 2.7% in the third quarter across the Atlantic, one tenth better than expected. In turn, weekly unemployment claims they rose for the first time in two consecutive weeks since last July, and they continue to worry the US.

In Europe, the minutes of the last monetary policy meeting of the ECB are published today. "They may add a little more color to the internal ECB discussions on instruments and policy direction, although comments made at the last meeting have clearly indicated that the PEPP (emergency purchase program against Covid-19) and liquidity operations (TLTRO) seem the preferred options"Danske Bank analysts explain.

The minutes of the last meeting of the Federal Reserve (Fed), meanwhile, did not reveal many news this Wednesday. "The Fed is not going to raise rates in the near future, but changes are likely to be seen in your QE program. The answer is what, but unfortunately the minutes did not send a clear signal, "adds Danske.

In Asia there has been a bullish day. The Chinese President, Xi Jinping, has finally congratulated Joe Biden for his victory in the elections. United States and China "must commit not to seek conflict or confrontation, to mutual respect and a spirit of cooperation "to promote the" noble cause "of world peace and development, Xi said in his telegram.

For the rest, the news about Brexit continues. Experts indicate that, although this week is relevant, a deal may not be closed until next time. "Our base scenario is still a deal, but we'll be more concerned if it doesn't come next week either. EU summit on December 10-11 appears to be the last meeting where EU leaders can approve a dealTherefore, both the EU and the UK have a very limited time to make a decision, "they specify from Danske Bank.

Finally, from a technical point of view, the Ibex continues with the resistance of the 8,375 points in focus. "Although the selective accumulates gains of 26% so far this month, It looks like we could end up seeing an extension of the uploads. The objective is those 8,375 points, the maximum of the bearish gap that will be left in the month of March ", explains César Nuez, analyst at Bolsamanía and head of Trader Watch.

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