Experts at Santander are anticipating that the European Central Bank (ECB) will announce a cut in interest rates due to moderation in the monetary policy which will become less restrictive. Meanwhile, the Spanish industry sees growth in business volume for the ongoing year. A more optimistic scenario is being portrayed for Spanish consumer sector companies with falling inflation rates and the expected recovery of consumers’ purchasing power. Despite this positive news, Europastery, the Catalan frozen bread giant has suspended its IPO a fourth time in an unprecedented move. Meanwhile, the Spanish population’s available income is on a steady incline which could result in a favourable Christmas season. An index developed by McKinsey & Company that tracks the progress of the energy transition and its implications on the country’s industry, continues to advance.

The Brent reaches mid-day with an increase of 0.54 %, to reach the 74.55 dollars per barrel. The gold until mid-day has had a decrease of (-0.04 %), diminishing its price to 2695.6 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.53 % until mid-day, reaching 4949.35 points. The DAX 30, with a 0.41 % gained until mid-day, is reaching 19586.77 points, the FTSE 100 has been going up 0.39 % until mid-day, reaching 8361.95 points, and the EURONEXT 100 has been gaining 0.59 % until mid-day, reaching 1484.6 points.

Throughout the day the following indicators indicators for Europe have been published:, the Deposit Facility Rate of Eurozone in Octobee (3.25%).

Up until mid-day, the IBEX has got a decrease of (-0.15 %), to get to 12017.5 points. The best performers until the mid-day have been GRIFOLS (+1.002 %), ENAGAS (+0.737 %) and ARCELORMITTAL with an change of (+0.593 %) on its values respectively. The worst performers until the mid-day have been INDITEX (-0.873 %), LABORATORIOS ROVI (-0.854 %) and LOGISTA with a change of (-0.504 %) on its values respectively.