Aquisgrán, a financing vehicle championed by guarantee companies (SGR) via SGR-Cesgar, has inked a cooperation agreement with CaixaBank, as revealed from a Spanish Market News update from Madrid. This strategic move signals a noteworthy development in Spain’s financial landscape, showing the persistence of collaboration amidst financial institutions for potentially bolstering the overall economy. Significant details about the specific nature of the partnership or its projected impact on the Spanish economy and markets remain undisclosed at the moment. On a broader scale, such moves indicate a dynamic Spanish market, gradually adapting and striving for increased resilience in a challenging global economic scenario. The other aspects of the original news, including diverse travel trends and destinations suggested by Lonely Planet for 2025, don’t provide relevant insights into the Spanish economy or markets.
The Brent reaches mid-day with an increase of 0.41 %, to reach the 75.15 dollars per barrel. The gold until mid-day has had an increase of 0.26 %, quoting at 2751.2 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.18 % until mid-day, reaching 4885.15 points. The DAX 30, with a 0.07 % gained until mid-day, is reaching 19248.18 points, the FTSE 100 has been going up 0.06 % until mid-day, reaching 8228.12 points, and the EURONEXT 100 has been gaining 0.22 % until mid-day, reaching 1463.18 points.
In addition, during the day the following indicators will be published: the Manufacturing PMI of Spain in October., the Manufacturing PMI of Italy in October., the Manufacturing PMI of France in October., the Manufacturing PMI of Germany in October., the Manufacturing PMI of Eurozone in October.
Up until mid-day, the IBEX has got an increase of 0.22 % to reach the 11886.6 points. The best performers until the mid-day have been CAIXABANK (+1.308 %), ACCIONA (+0.997 %) and BBVA with an change of (+0.929 %) on its values respectively. The worst performers until the mid-day have been FERROVIAL (-1.195 %), ACS (-1.03 %) and GRIFOLS with a change of (-0.945 %) on its values respectively.