IBERIAN DAILY 01 AUGUST (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: CELLNEX, IBERDROLA, REDEIA, SANTANDER.
Trade matters put Europe in the red once again
European stock markets fell due to trade matters. After the 01 August deadline passed, a 35% tariff was placed on Canada, 50% on Brazil, 25% on India, 20% on Taiwan and 39% on Switzerland, with another 69 trade partners facing tariffs between 10-41% if new agreements are not reached. As for Mexico, the country will continue to have a 25% tariff due to fentanyl, 25% on automobiles and 50% on steel, aluminium and copper while negotiations continue. In the STOXX 600, the winners on the day were fi...