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International market rates
Annual performance in 2018
Dow Jones
(EE.UU.)
Nikkei
(Japan)
Dax
(Germany)
Cac-40
(France)
FTSE 100
(UK)
IBEX 35
Euro-
stoxx-50
Dec.2016
19,763
19,114
11,481
4,862
7,143
9,352
3,291
Dec.2017
24,719
22,765
12,918
5,313
7,688
10,044
3,504
Dec.2018
23,327.46
20,015
10,559
4,731
6,728
8,540
3,001
-5.6
-12.1
-18.3
-11.0
-12.5
-15.0
-14.3
Risk premiums compared to Germany
Evolution in 2018
Maximum/Minimum
Year close
b.p.
-5.6
Dow
Jones
(EE.UU.)
Nikkei
(Japón)
Dax
(Alem.)
Cac-40
(Francia)
FTSE 100
(R.U.)
IBEX 35
Euro-
stoxx-50
-12.1
-18.3
-11.0
-12.5
-15.0
-14.3
0.0
-2.0
-4.0
-6.0
-8.0
-10.0
-12.0
-14.0
-16.0
-18.0
-20.0
France
United Kingdom
Spain
Portugal
Italy
350
300
250
200
150
100
50
0
%
P.
73
Cecabank Report 2018
Our business model
4 | 4.1