The Ibex fight for a peek at 7,900 points despite the blow of the macro German

Investors are reluctant to leave the bounce. Despite the fact that the red sales, dominates in Europe, where the data of industrial production, German falls like a jug of cold water, in the Spanish market prefer to look at the new initiatives to accelerate the desescalada. After starting the session with losses close to 1%, the Ibex 35 sum 0.3% and looks at 7,900 points.

The value, the more bearish after the touch initial bell is Aena, with declines of 3%. The banks, with values such as Santander, CaixaBank, BBVA and Bankia also move back with greater force, although only 2%.

Against the current, in green, they get to quote the shares of Sabadell, a 2% upside, and Repsol, a bit more weak but encouraged by the rebound in the oil. A bounce that is born out of agreement to cut production reached between the countries producers of this raw material in the framework of the teleconference of the OPEC+ held this weekend.

Session positive which comes to us from the asian markets with Nikkei up 1.12% or bags chinese 0.43% of average with a Hang Seng up by 0.23 per cent while that future americans rise up 0.30% and the nocturnal europeans also noted hikes of similar.

This leaves us with a scenario of face to the opening is favourable to keep climbing positions in the measure that we do not see any twist to the floor on Wall Street while the level of opening will not be bullish but with hollow bassist not very deep to be paying close attention to see what happens in the first hour of hire.

From the macro point of view we will be very calm because you only need three important appointments with the first being at 8 in the morning with the industrial production of April in Germany (-16% expected). In the afternoon we will have at 14:15 the data of new housing construction in Canada for the month of may (up to 150,000 expected) and at 15:45, a lecture from Christine Lagarde.