IBERIAN DAILY 01 JULY (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: AMPER, CAF.
The S&P ended June at record highs
European stock markets kicked off the week with a negative performance, except for the IBEX. In the STOXX 600, the day’s winners were Retail and Travel & Leisure, whereas Chemicals and Autos posted the biggest losses. On the macro side, in Germany, June’s preliminary inflation fell more than expected to 2.0%, while May’s retail sales rose less than expected. In the euro zone, May’s M3 rose slightly less than expected, while corporate and consumer lending shows signs of slowing. In the US, June’s Chicago PMI once again deteriorated ...