The Spanish housing market recorded a noteworthy increase in the second quarter of the year, with home prices rising by 3.6% compared to the previous three months. This uptick is indicative of the dynamic activity within the Spanish real estate sector. In another significant development, the Bank of Spain has entered into a collaboration with BBVA to conduct a joint study on monetary policy and household consumption. This move signifies a concerted effort to deepen understanding of the relationship between policy decisions and consumer behaviours in the Spanish economy. Meanwhile, talks of BBVA’s proposed acquisition of Banco Sabadell appears to be experiencing obstacles, with Sabadell’s CEO expressing concerns over the progress of the transaction.
The Brent reaches mid-day with an increase of 2.13 %, to reach the 79.7 dollars per barrel. The gold until mid-day has had an increase of 0.5 %, quoting at 2676.6 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has lost (-0.33 %) until mid-day, going back to 4950.46 points. The DAX 30, with a (-0.32 %) loss until mid-day, is going back to 19076.69 points, the FTSE 100 has lost (-0.05 %) until mid-dat, going back to 8299.29 points, and the EURONEXT 100 has been losing (-0.44 %) until mid-day, going back to 1481.17 points.
Throughout the day the following indicators indicators for Europe have been published: the Investor Confidence of Eurozone in October (-13.8).
Up until mid-day, the IBEX has got an increase of 0.02 % to reach the 11706.6 points. The best performers until the mid-day have been TELEFÓNICA (+0.829 %), REPSOL (+0.652 %) and BANCO SABADELL with an change of (+0.617 %) on its values respectively. The worst performers until the mid-day have been FLUIDRA (-1.528 %), CELLNEX (-1.435 %) and IAG GROUP with a change of (-1.378 %) on its values respectively.