Spain has emerged as the sixth-largest global destination for foreign direct investment projects since 2019, indicating healthy investor confidence in the country’s economy. The Independent Authority for Fiscal Responsibility (AIReF) has raised its GDP growth forecast for Spain to 2.9% for 2024 and improved its 2025 estimate to 2.3%. This upgrade in GDP growth prediction reflects the promising trends in foreign direct investment, coupled with improvements in the overall Spanish economic climate. Economic analyst Christophe Barraud, who accurately predicted the trajectory of the US economy for the past 11 years, has also made encouraging comments regarding Spain, which further bolsters optimism in the Spanish markets.

The Brent opened with virtually no change, at a price of 75.37 dollars per barrel. The gold opened the session with virtually no change, at a price of 2752.0 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 4861.58 points. The DAX 30 started the session with virtually no change, in 19194.06 points, the FTSE 100 started the session with virtually no change, at 8206.35 points, and the EURONEXT 100 started the session with virtually no change, at 1457.9 points.

Throughout the day the following indicators will be published: the Manufacturing PMI of USA in October.

The IBEX opened with virtually no change, at 11824.4 points. The best performers at the beginning of the day have been ACERINOX (+1.93 %), GRIFOLS (+1.49 %) and BANKINTER with a change of (+1.345 %) on its values respectively. The worst performers at the beginning of the day have been ENAGAS (-0.541 %), SOLARIA (-0.41 %) and CELLNEX with a change of (-0.266 %) on its values respectively.