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Santander and Repsol remove Ibex from 11,000

Logotipo de Bolsamanía Bolsamanía 26/05/2017 Bolsamanía

The movements of this market are still moderate, but it is true that the red numbers are beginning to prevail. The Ibex is away from the 11,000 and is quoted already with falls of 0.44%, in the 10,889 points. They are penalizing the falls in three 'big', Repsol, Santander and BBVA.

© Proporcionado por Bolsamanía

The investors are still looking at oil, which begins to recover after falling 5% yesterday after OPEC confirmed the extension of production cuts in nine months. The Brent barrel now rises 0.45% and West Texas adds 0.20%. Interestingly, far from reaching $ 55, something the market expected with the confirmation of the news, the Brent has fallen to levels of 51 dollars after investors have decided to collect profits after the rally of 17% of the oil from the lowest of this month.

At the political level, today there is the G7 summit in Sicily. "Apart from declarations of goodwill and common efforts, something that investors could measure to enter or exit markets," said Ramón Morell, an ETX Capital expert. Moreover, in Europe only data from Italy on consumer and business confidence (at 10 o'clock) are published. In the United States, the GDP of the first quarter and the requests for durable goods (at 2:30 p.m.).

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