IBERIAN DAILY 18 MARCH (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: N/A.
The EuroSTOXX 50 tried to return to highs
European stock markets rose, underpinned by the imminent agreement to raise defence spending in Germany, to be voted on today in the Bundestag. In the STOXX 600, most sectors (18/20) ended with gains, led by Energy (with Brent crude rises) and Pharma, whereas Consumer Goods and Chemicals were the only industries ending in the red. On the macro side, in the US, February’s retail sales rose less than expected (with the previous data being cut) although the control group sales (that are taken into account in GDP) increased more than e...