The Spanish economy marked significant activity in the second quarter of 2024, with the high-speed network recording 10.2 million passengers, marking a 21% increase from the previous quarter, indicating a boost in the transportation sector. Spain remains the only major economy in the European Union to retain a levy on the extraordinary profits of banks and energy companies two years after the inflationary crisis. Furthermore, the national economy faces structural deterioration. Citizens have lost purchasing power for food since the pandemic – one of the highest rates in developed nations, according to the Organization for Cooperation. The electric sector warns of the challenge in creating electric demand to meet the objectives of the 2030 Energy and Climate Plan. However, the Government and electricity companies see a historic opportunity for Spain in energy transition and in electrification as a pathway to decarbonize the economy.

The Brent reaches mid-day with an increase of 1.1 %, to reach the 71.94 dollars per barrel. The gold until mid-day has had an increase of 0.21 %, quoting at 2692.2 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.14 % until mid-day, reaching 4996.88 points. The DAX 30, with a (-0.02 %) loss until mid-day, is going back to 19121.97 points, the FTSE 100 has lost (-0.25 %) until mid-dat, going back to 8299.65 points, and the EURONEXT 100 has been gaining 0.01 % until mid-day, reaching 1493.77 points.

Throughout the day the following indicators indicators for Europe have been published:, the GDP (QoQ) of USA in Q2 (3.0%). In addition, during the day the following indicators will be published: the Busines Confidence of Italy in september.

Up until mid-day, the IBEX has got virtually no change, reaching 11916.8 points. The best performers until the mid-day have been GRIFOLS (+3.575 %), FLUIDRA (+1.31 %) and BANCO SABADELL with an change of (+1.255 %) on its values respectively. The worst performers until the mid-day have been ACCIONA ENERGIA (-1.139 %), TELEFÓNICA (-0.969 %) and ACCIONA with a change of (-0.872 %) on its values respectively.