After one of most complicated weeks that are remembered, with accumulated drops of 5%, Wall Street closed on Friday on rise. This Monday, European stock exchanges pick up rebound and open up on rise, with rises above 1%. The Ibex earns 1.1%, thus enduring fall of Friday, which left below 9,700 points in a week in which it yielded a 5.6%.
The Asians have been first to retake upward trend left by new York on Friday and have started week with earnings. Shanghai has risen 0.8% and Hong Kong, 0.7%, for 0.9% in Seoul. The Nikkei did not open this Monday.
Europe has picked up witness and at opening parquet floors are close to 1%. The FTSE index of London earns 0.95%; The Paris CAC, 0.88%; The Dax of Frankfurt, 1.15% and MIB of Milan, a 1.31%.
The Ibex, meanwhile, recovers momentarily height of 9,700 points lost on Friday, with 1.1%. All values, except Abertis, are quoted in green.
In any case, volatility lived last week, almost unknown during all 2017 in new York, attributed by analysts to new attractiveness of sovereign debt for ir profit profit, to detriment of variable income, is still re. Economic recovery is sound at global level, so central banks are pressured or tempted to withdraw stimulus that has helped economies to exit crisis. Looming on horizon rises in price of money, it seems that inflation rebounds, actions of companies are at maximum... They are signs that are re and can serve as an excuse to shake parquet at any time.