Take a fresh look at your lifestyle.

The Ibex closes the week in positive after the historic agreement on Brexit



Christmas Eve at least busy. The whole market is waiting for British Prime Minister Boris Johnson announce this morning that an agreement on Brexit has been reached once the differences, mainly on fishing, have been settled. This Wednesday Johnson was expected to appear and it finally didn't happen, However, today it is expected that "Santa-Boris will arrive on time", as the Oanda experts indicate in their daily report.

If it is finally communicated that a pact has been reached it will be something unexpected since investors were resigned to eating the grapes with Boris Johnson, while hours and days passed without really progress.

"The announcement of Santa-Boris arrives at the last minute. Even so, it leaves the United Kingdom isolated internationally due to Covid-19, with thousands of trucks abandoned on each side of the English Channel and with more and more regions entering the tough level 4 lockdown. Christmas in the UK is starting to look like to the bombings during the war"says Jeffrey Halley, a senior analyst at Oanda.

Thus, the Ibex 35 has closed a session shorter than normal with increases of 0.47%, to 8,111 points. With this, the index manages to accumulate a weekly advance of 0.92%.

Remember that today the bags of the Old Continent They close at 2 p.m. (Germany, Italy or Greece, among others, have not opened) and that Wall Street will only be open until 7:00 p.m. Spanish time. The squares of the Old Continent rose more than 1% in the past day before the possibility of an agreement between the United Kingdom and the European Union (EU) and despite the announcement of the appearance of a second strain of the coronavirus in the British country, from South Africa and, apparently, even more contagious.

Among the values ​​of the Spanish selective, the most bullish have been Amadeus (2.88%) and Santander (1.93%), while Pharmamar (-2.76%) and Indra (-1, 72%).

As for the macro data calendar, obviously today it appears empty. Tomorrow Friday they close all the bags for Christmas.

Finally, regarding the technical aspect of the Ibex, the analysts at Bolsamanía indicate that, in the short term we could end up seeing an attack at the level of 8,222 points. "A close above these levels would be a sign of strength that would make us think about an extension of the gains," explains César Nuez, an expert at Bolsamanía. Below, the support that we will not lose sight of is at 7,663 points.

. (tagsToTranslate) Ibex (t) closes (t) week (t) positive (t) after (t) historical (t) agreement (t) on (t) Brexit (t) Category: All (t) Category: Market Report (t) Category: Europe Report (t) Category: International News (t) Category: Pulses (t) Category: Pulses Europe (t) mostread_ultimas (t) mostread_fundsnews (t) mostread_mercados (t) mostread_internacional


Leave A Reply

Your email address will not be published.