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The Ibex reacts to the rise while Popular tries to recover

Logotipo de Bolsamanía Bolsamanía 02/06/2017 Bolsamanía

Second session of June and the Ibex is rising +0,7% to 10.964 points. The spanish market is looking to Popular (+5,60%) and the other spanish banks. the crisis that Popular are experiencing implies, in some way, those entities that, at any given moment, might be interested in buying it. In addition, some news points this morning to "difficulties" in more financial groups

© Proporcionado por Bolsamanía

The truth is that the crash that has lived Popular in two sessions is of such a magnitude that the fear that the ghost of the weakness of the spanish banks is there. It is true that Popular's situation is very particular and concrete, but it is also true that the spanish banking sector is very permeable to good and bad news and that we must be vigilant.

Outside of business, Donald Trump and Vladimir Putin are news. The first is carried today in all media for having decided to remove the United States from the Paris Agreement on Climate Change. Emmanuel Macron, President of France, has stated that "the United States has turned its back on the world", while Trump has raised this march as a step to renegotiate the points of the Agreement or develop a new one.

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