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[BUSINESS] · Spain, United States, Iran, United Kingdom, Germany · 16 sources

Ibex 35 maintains historic highs above 20,000 points amid geopolitical tension

The Ibex 35 index has reached historic highs, maintaining its position above the 20,000-point mark despite recent market volatility. This rally is occurring amidst a period of economic caution as investors await critical macroeconomic data, most notably the United States' Consumer Price Index (CPI) release scheduled for Wednesday, which will serve as a key indicator for the Federal Reserve's future interest rate decisions.

Geopolitical instability in the Middle East continues to exert pressure on global markets. Stalled negotiations between the United States and Iran, alongside uncertainty regarding the security of the Strait of Hormuz, have driven oil prices upward, with Brent crude trading near $86-$89 per barrel. This tension has heightened the geopolitical risk premium in energy markets.

In the corporate sector, Banco Santander has announced a share buyback program worth 1,825 million euros. Meanwhile, analysts have identified specific stocks with significant upside potential, such as Grifols, which reportedly has an analyst price target suggesting an 80% increase from current levels. Overall, while the market shows strong confidence, the combination of inflation concerns and geopolitical risks remains a primary focus for global investors.

Entities

Abante · Banco Santander · Deutsche Bank · Donald Trump · Federal Reserve · Grifols · Ibex 35 · Nasdaq · S&P 500 · Strait of Hormuz

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