What seemed to be a truce session in the world stock exchanges for the apparent truce in the US-China escalation has turned around as soon as the US market has opened.
Until then, the European stock exchanges, with the Ibex between them, took advantage to recover part of what was lost in the two previous sessions [the Spanish selective sank on Tuesday until its annual minimum] but the euphoria was cut off suddenly.
The Ibex 35 was boosted 1.13% in the mid-session on Wednesday, which led the selective to be placed in the 8,797.4 integers at 12.00, in a scenario marked by cross accusations between the United States and China, although the latter decided yesterday to stabilize the yuan to calm the market and the North American country.
Thus, the selective Madrid, which on Tuesday was below the psychological level of 8,700 , was listed in green after Wall Street closed with an advance of 1.21% after the collapse of more than 3% of the previous day , in which China dropped the yuan to 2008 lows with the dollar.
Wall Street, however, opened session with sharp falls again and euphoria in the Ibex, and in the rest of Europe it has been cut. Although it still remains green.
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