IBERIAN DAILY 14 JUNE (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: COLONIAL, REPSOL.
Europe in the red after the Fed meeting
Europe saw a strong hangover, marked by the European Parliament elections, China’s possible retaliations to EV tariffs and the Fed meeting. Most indices dropped by more than -2.0%, the Ibex to a lesser extent but in any case below the 11,100-point level. In the STOXX 600, with the exception of Household, all sectors saw corrections, led by Automobiles and Banks. On the macro side, in the euro zone, April’s industrial output fell, as opposed to expectations, despite the third consecutive increase in capital goods. In Spa...