The Ibex takes a break

The day's agenda opens the door to a lull in the financial markets, pending more significant benchmarks. The Ibex is questioning what would be its third consecutive rise, after eight consecutive weeks of gains.

Markets strengthened their optimism last Friday thanks to better-than-expected US job creation data. This week, they will have to wait until Wednesday for a significant macroeconomic figure, as the forecasts do not present particularly favorable figures. US inflation could rise from 2.3% to 2.5% in May.

The combination of a rebound in inflation and strong US employment could further delay a further interest rate cut by the Federal Reserve. This prospect is once again translating into an increase in interest rates . The required yield on the ten-year US bond is once again approaching 4.50%, after having fallen to 4.36% last week. In Europe, the yield on the German Bund is around 2.55%, and the Spanish ten-year bond is 3.15%.

In the absence of significant macro data at the start of the week, investors are shifting their focus to the meeting between the US and China scheduled for today in London to address trade negotiations.

Upcoming expansion.