The Ibex is preparing for a lower opening.

The Ibex 35 opens this Monday at 13,989 points, after closing Friday's session flat.

Futures for key indicators point to a lower opening, with losses of around 0.2% on European stock markets.

The direction of equities continues to be shaped by the upcoming outcome of trade negotiations between the US and its partners, with the August 1 deadline looming, as well as by the corporate earnings season.

Added to all this is the monetary policy meeting the European Central Bank (ECB) will hold on Thursday this week.

(Upcoming extension)