IBERIAN DAILY 14 APRIL (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: N/A.
Europe unable to stomach the war
European stock markets kicked off the week with drops after the failed talks between the US and Iran. The IBEX led the losses but remained above 18,000 points. In the STOXX 600, the best-performing sectors were Energy (due to the rising oil prices) and Financial Services, whereas Travel & Leisure and Telecoms ended with the biggest losses. On the macro side, in the US March’s second-hand home sales fell more than expected. In China, the M2 index and March’s loan stock slowed their advance more than expected. Meanwhile, the trade surplus fel...