The Ibex remains cautious in the face of global uncertainty and ECB expectations. Markets on alert due to key economic indicators.

In a day marked by caution, the Ibex remains focused on the 11,100 points, with futures of the main European indicators pointing to a slight opening decline of around 0.1%. The European stock market remains on alert despite the highs reached by Wall Street in the previous session. The Dow Jones had one of its best sessions since early June, rising 1.85% to a record high of 40,954 points, while the S&P500 also reached a new historical high above 5,667 points, gaining 0.64%. Investors showed optimism following better-than-expected retail sales data, reflecting a healthy state of the economy and controlled inflation. These factors also contribute to the cautious attitude of European markets, which remain attentive to corporate earnings that will continue to set the tone for today's trading session. In addition, new inflation data is expected to be released in the UK and the eurozone, ahead of the European Central Bank (ECB) meeting scheduled for tomorrow. The market eagerly awaits the ECB's decision on maintaining interest rates at 4.25%, in a context where monetary policy is crucial for economic stability. In the US, important data is also expected, with the release this afternoon of figures on industrial production and the Federal Reserve's Beige Book. These indicators will be key to assessing the health of the US economy and its impact on global financial markets, in a time of uncertainty due to the evolution of the pandemic and other geopolitical factors. In this context, investors maintain a cautious stance amid market volatility, where factors such as inflation, corporate results, and central bank decisions are of paramount importance. Uncertainty and prudence set the tone in an economic scenario where post-pandemic recovery still presents challenges, and where the coordination of monetary and fiscal policies is crucial to ensure financial stability and sustainable growth.