IBERIAN DAILY 17 JUNE (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: AMADEUS, FERROVIAL, GRIFOLS, MELIÁ HOTELS, SOLARIA.
Political risk drags down markets
European stock markets suffered the possible consequences from European tariffs on Chinese electric vehicles and the political uncertainty following the results of the European parliamentary elections, plus the call for a snap election in France, leading the CAC to fall more than -5% and where the risk premium rose to 77bps (a high since 2017). Most sectors (18/20) in the STOXX 600 ended the week in the red, with only Household Goods and Pharma escaping losses, whereas Banks and Autos fell th...