The Ibex 35 is aiming for 11,100 points with optimism in the European markets.

In today's session, the Ibex 35 seems determined to resume its course towards 11,100 points, a level that has become a key target for investors. In pre-opening, the Spanish index experienced an increase of 0.3%, which raises optimistic expectations. This movement occurs in a context where other European indices also show slight advances, such as the Euro Stoxx, which is up 0.14%, the German Dax, which advances 0.09%, and the French Cac, which also rises 0.14%. In the United Kingdom, the Ftse shows the largest increase at 0.43%. Yesterday, the Ibex 35 closed the session with a slight decline of 0.13%, finishing at 11,087.80 points. This setback left the index on the verge of reaching 11,100 points, a psychological barrier that many analysts consider fundamental for maintaining optimism in the market. This level, which has proven to be a point of resistance, will be crucial in determining the future direction of the Spanish index. Market attention is focused on the decisions of central banks, which have taken center stage in a week characterized by a scarcity of relevant business and macroeconomic data. The flow of economic information has been limited, highlighting only the harmonized CPI for July published by Eurostat, a figure that investors have analyzed for signals regarding inflation in the eurozone. Yesterday, the People's Bank of China decided to keep its benchmark interest rate at 3.35% for the second consecutive month. This decision coincides with the unexpected cut in July, raising certain expectations about how the Chinese central bank will manage the economy in the future. On the other hand, the Central Bank of Sweden opted to lower rates by 0.25 basis points, bringing them to 3.50%, a measure aimed at stimulating the Swedish economy during uncertain times. Regarding Turkey, the Central Bank maintained its interest rate at a staggering 50% for the fifth consecutive month, despite the country facing a year-on-year inflation rate of 61.7%. This situation poses a dilemma for monetary policymakers, who must balance controlling inflation with promoting economic growth, a task that is becoming increasingly complicated in a global context of uncertainty. Tomorrow's session promises to be crucial for the markets, as the minutes from the last European Central Bank (ECB) meeting will be published. Investors will be attentive to any indications regarding future monetary policies, particularly concerning the ECB's actions in a persistent inflationary environment. However, the most anticipated event of the week will take place on Friday, when Federal Reserve Chairman Jerome Powell delivers a highly awaited speech. Investors will be on high alert, looking for clues about the scheduled meeting on September 18, where a possible interest rate cut of 25 basis points is anticipated. This measure could significantly influence the markets, not only in the United States but also in global economies that depend on the Fed's decisions. The behavior of the Ibex and its quest to recover the 11,100-point level is, therefore, framed in a complex international context. The decisions of central banks have become a determining factor that could shape the direction of stock markets in the coming days. This scenario highlights the importance of closely monitoring the interactions between monetary policies and the evolution of financial markets. In summary, today’s session appears to be a turning point for the Ibex 35. With an eye on the decisions of central banks and the upcoming interventions by international economic leaders, the Spanish index could be on the brink of a trend change that propels it towards the expected 11,100 points.