Despite the boost in technology stocks on Wall Street, the Spanish stock index Ibex-35 opened Tuesday with no clear trend, as investors opted for caution while waiting for inflation figures from the United States and meetings of several central banks.

Analysts at Renta 4 highlighted in a daily report that "better or worse than expected CPI data could tip the balance in one direction or the other and determine whether the Fed (Federal Reserve) raises rates tomorrow by 25 bp (probability of only 20%) or on the contrary takes a 'hawkish' pause [with a tightening bias], delaying the decision to the next meeting, 26-July (probability 62%)".

The current market outlook is that the possible pause in the Fed's interest rate hike cycle - which will announce its decision on Wednesday after a meeting of its monetary policy council - is only a brief interruption to continue in the following meetings with increases in the cost of debt.

This week will also see the meeting of the European Central Bank, which is expected to be attentive to the inflation data being published in Europe - in the case of Germany and Spain, in line with expectations - as well as the ZEW survey on the German economy, which is published on Tuesday at 09:00 GMT.

At 07:05 GMT on Tuesday, the selective Spanish stock market Ibex-35 -- in which the technology sector is barely present, which was driving other financial markets -- fell 1.50 points, 0.02%, to 9,342.90 points, while the FTSE Eurofirst 300 index of large European stocks advanced 0.47%.

In the banking sector, Santander lost 0.16%, BBVA fell 0.49%, Caixabank dropped 0.14%, Sabadell fell 0.34%, Bankinter dropped 0.1%, and Unicaja Banco rose 0.32%.

Among the large non-financial stocks, Telefónica fell 3.54%, Inditex advanced 0.44%, Iberdrola dropped 0.13%, Cellnex gained 0.54%, and the oil company Repsol rose 0.34%.

Outside the Ibex-35, Almirall fell 7.8% after announcing a capital increase at a discount of 5.7%.

(Information by Tomás Cobos, edited by José Muñoz)