IBERIAN DAILY 05 AUGUST (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: CELLNEX, NATURGY.
Stock markets pause for a break
European stock markets recovered after the strong corrections seen last Friday, fuelled by banks. Thus, in the STOXX 600 most sectors (16/20) ended with gains, led by Banks and Insurance vs. Pharma and Retail that were the worst performers. On the macro side, in the euro zone, August’s Sentix dropped significantly as opposed to expectations following the tariff agreement signed with the US to the worst level since April. In the US, June’s factory orders dropped in line with expectations. From the Fed, M Daly stated that following...