The Spanish stock index Ibex-35 declined on Friday as it awaits several important appointments with central banks next week, while the news from Asia failed to counteract the pessimism due to the fall in Wall Street the day before after the results of Netflix and Tesla.

Japanese inflation data for June added to a growing trend that price pressures are starting to show signs of topping out, although markets did not seem to be encouraged by either that or the stimulus measures announced by China.

Corporate results will shape Friday's session as attention turns to the coming days.

At the global level, central bank meetings are expected: the Federal Reserve on Wednesday, the European Central Bank on Thursday, and the Bank of Japan on Friday.

The data published the day before in the US showed the strength of the labor market, so the market "questions whether the +25 bp hike scheduled for next week will be the last or will be followed by an additional one after the summer", as pointed out by the securities firm Renta 4 in its daily analysis note.

On the other hand, in Spain, the countdown to the general elections to be held on Sunday is beginning.

In this context, at 07:15 GMT on Friday, the selective Spanish stock market index Ibex-35 fell 0.50 points, or 0.01%, to 9,519.10 points, while the FTSE Eurofirst 300 index of large European stocks fell 0.04%.

In the banking sector, Santander lost 0.35%, BBVA fell 0.64%, Sabadell gained 0.31%, Bankinter gained 0.64%, and Unicaja Banco lost 0.20%.

Among the large non-financial stocks, Telefónica gained 0.49%, Inditex advanced 0.12%, Iberdrola gained 0.57%, Cellnex fell 0.47%, and the oil company Repsol rose 0.68%.

(Information by Flora Gómez; edited by José Muñoz)