The Ibex risks hitting 15,100 in its third session of decline.

Futures predict a negative opening for the Ibex and mixed results for the rest of the major European indices.

The Spanish index fell 0.4% in pre-market trading, while the Euro Stoxx gained 0.12%. The German Dax lost a slight 0.06%, while the French Cac gained 0.12%. Meanwhile, the British FTSE lost 0.06%.

The Ibex 35 closed yesterday with a 0.96% drop, to 15,119.3 points . It was its second consecutive session of declines, for the first time in a month.

Investors' focus this week is on France and the United States. The French stock market and debt suffered yesterday due to the high probability that the French government will fall on September 8, when Prime Minister François Bayrou will face a vote of confidence .

In the United States, Donald Trump made good on his threat yesterday and announced the dismissal of Lisa Cook , a Fed governor accused of alleged mortgage fraud . This dismissal is another chapter in the pressure the Trump administration is putting on the institution and its president , demanding that he lower rates.

Market attention will continue to focus on the other side of the Atlantic today with the release of Nvidia 's earnings , one of the stocks that has boosted the US stock market this year.

The other major meeting of the week will be on Friday, also in the United States, with the release of the Fed's preferred indicator for setting its monetary policy: the personal consumption deflator (PCE). This figure is expected to rise for the third consecutive month. The next Fed meeting will be on September 17 , and analysts are already pricing in the rate cut hinted at by Powell then.

In the debt market, which has been buoyed by Trump's renewed attack on the Fed, the yield on the ten-year US bond remains below 4.27%, while the longer-term bond (30 years) exceeds 4.90%. The German Bund yield stands at 2.72%, and the Spanish ten-year bond remains at 3.31%.

In foreign currencies, the euro remains at $1.16, while the pound falls below $1.35.

Gold remains consolidated above $3,400 per ounce and remains at $3,430, while Bitcoin rises and recovers to $111,000.

A barrel of Brent crude oil falls below $67, while West Texas crude, the benchmark in the United States, remains above $63.