Ibex 35, live: the stock markets are bustling pending the results of the company | markets

It seems that the European purses tend to animate after a flat opening. The Ibex 35 was recovered and records advances of the order of 0.3%, in line with the rest of the Old World Indices (with the exception of the London Ftse 100, which remains erratic). Data from China GDP were in line with expectations, and investors await the avalanche of results presentation to begin badessing the situation of companies in an international context marked by trade war.

On the Spanish stock market, after a few minutes in negative signs, the values ​​listed in green are now in the majority, at the head of Naturgy, which gains 1.5%. It is followed by Acciona, IAG and Amadeus with increases of about 1%. On the negative side, Dia stands out with a 1.3% drop

The earnings season started again timidly in the United States and in some major banks, Citigroup and JP Morgan, they presented figures in line with forecasts. Today we expect data from Bank of America BlackRock and Netflix among others. In Spain, Enagás figures will be released this week (Tuesday). However, it will not be until next week when most of the figures are known (big banks, electricity and telcos ).

Main Results for the Future of Fellowships

"It will be essential to reiterate or not the business results guides in the season that is starting now, taking into account the fears that exist around the S & # 39; it turns out that the impact of the current risks on the cycle (commercial, political and geopolitical tensions) is limited, the possibility of double-digit results would be corroborated and confirm the attractiveness of valuations after recent declines, which would support equity purchases ", highlight in Renta 4.

Link Securities agrees that" the stock markets are facing today and for several weeks a season of quarterly results that can be transcendental for the future in the short / medium term the same, not so much for the figures disclosed by listed companies, which should be quite positive as a whole s, as well as what that managers can say about the future of their businesses and the impact on them may have factors such as the "tariff war" initiated by the United States; higher energy costs, due to the sharp rise in the price of oil; the strength of the dollar or the collapse of emerging currencies, among others.

Regarding macro-data we know that the Chinese economy grew by 6.7% in the second quarter, lower than 6.8% of the first, but in line with the forecasts of badysts. These figures do not yet reflect the impact of the new tariffs on imports imposed by Donald Trump. "We will have to wait and see the specific impact of the trade war," said a government spokesman, though in his opinion it will be "limited".

The attention of the markets will also be in the meeting between Trump and Putin held today in Helsinki . Among the issues that could be on the agenda of the meeting will be the conflicts in Ukraine and Syria, relations with North Korea, the nuclear agreement with Iran or the United States. alleged interference of Russia in electoral processes, among others. Also today is the annual summit between China and the European Union and the revision of forecasts by the IMF.

In the currency market the European currency increases by 0.06% to $ 1,169

On the debt market, the risk premium is set at 100.1 points base, like 99 at the end of Friday, and bond yield at 10 years at 1.284% (1.273% standby). Friday, the rating agency Fitch has maintained Spain's rating down significantly (A-) with stable outlook, r effect of a "strong" economy.