• TRM (USD/COP)COP 3,237.83 +0.30% +COP 9.57Colombia's official exchange rate (Financial Superintendence), valid Nov 7 to Nov 9
  • EuroCOP 3,615.02 +0.30% +COP 10.68Reference: TRM crossed with the European Central Bank rate of Nov 6; not the market quote
  • Mexican pesoCOP 173.11 +0.30% +COP 0.51Reference: TRM crossed with the European Central Bank rate of Nov 6; not the market quote

European banks hold October lows as IBEX posts its best week since April

FinanceInternationalmerca2.es20 s readAI summary
Image: merca2.es

Safe-haven stocks are repositioning after the US elections, according to the analysis published by Merca2. The IBEX 35 has just posted its best week since April and the text puts its upside at 11%. Meanwhile, Brent falls 17% in five sessions and the analysis asks what happens if crude settles in the 80 range. European banks are holding their October lows and setting the market's technical gauge.

Read the full story at merca2.es

IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.

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