Ángel Gavilán, the General Director of Economy at the Bank of Spain, warned of potential future supply disruptions to economic activity, noting they could become more frequent and persistent. Meanwhile, the Spanish Chamber of Commerce has raised its growth forecast for Spain’s Gross Domestic Product (GDP) in 2024 to 3.1%, a significant 0.7% increase from previous estimates, and nudged its 2025 projection up to 2.1%. Spain’s external sector is expanding beyond tourism, with the surge in overseas sales in consultancy, engineering, and telecommunications supporting this growth. This week, market activity has been shaped by various corporate results and the impact of global events. Despite the broader international context, the Spanish economy shows signs of resilience and growth potential.

The Brent reaches mid-day with an increase of 0.29 %, to reach the 74.87 dollars per barrel. The gold until mid-day has had an increase of 0.04 %, quoting at 2697.5 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has lost (-0.3 %) until mid-day, going back to 4819.34 points. The DAX 30, with a (-0.37 %) loss until mid-day, is going back to 19239.65 points, the FTSE 100 has lost (-0.56 %) until mid-dat, going back to 8075.09 points, and the EURONEXT 100 has been losing (-0.16 %) until mid-day, going back to 1448.12 points.

Throughout the day the following indicators indicators for Europe have been published: the Trade Balance of France in September (-8.3B).

Up until mid-day, the IBEX has got an increase of 0.14 % to reach the 11592.8 points. The best performers until the mid-day have been BANKINTER (+1.029 %), GRIFOLS (+0.805 %) and CELLNEX with an change of (+0.734 %) on its values respectively. The worst performers until the mid-day have been LABORATORIOS ROVI (-2.476 %), REPSOL (-0.852 %) and ACS with a change of (-0.73 %) on its values respectively.