The Spanish IBEX 35 index opened Wednesday’s session with little change, as markets remain in a risk-off phase amid stalled negotiations between the United States and Iran, the resulting rise in oil prices and a wave of selling in U.S. Treasury bonds.<\/p>\n
‘Geopolitics will set the tone for the session, but the market will be watching the Fed minutes from the July 29 meeting (20:00h)’, Bankinter analysts said on their Telegram channel.<\/p>\n
\n ‘With no signs of progress toward a resolution of the conflict, elevated bond yields and without the catalyst of earnings, markets are likely to remain in a risk-off phase and a cautious tone.’<\/p>\n
\n At 0701 GMT on Wednesday, Spain’s IBEX 35 was up 16.90 points, or 0.08%, at 19,951.80 points, while the FTSE Eurofirst 300 index of leading European shares edged up 0.03%.<\/p>\n
\n In the banking sector, Santander fell 0.16%, BBVA rose 0.16%, Caixabank added 0.27%, Sabadell gained 0.22%, Bankinter rose 0.12% and Unicaja Banco slipped 0.06%.<\/p>\n
\n Among the big non-financial stocks, Telefonica rose 0.19%, Inditex added 0.18%, Iberdrola dropped 0.15%, Cellnex fell 1.28% and oil company Repsol rose 0.44%.<\/p>\n
\n (Reporting by Benjamin Mejias Valencia; editing by Jorge Ollero Castela)<\/p>\n","protected":false},"excerpt":{"rendered":"The Spanish IBEX 35 index opened Wednesday’s session with little change, as markets remain in a risk-off phase…\n","protected":false},"author":2,"featured_media":72494,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[147,17],"class_list":["post-72493","post","type-post","status-publish","format-standard","has-post-thumbnail","category-spain","tag-markets","tag-spain"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/72493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=72493"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/72493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/72494"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=72493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=72493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=72493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}