The Spanish economy continues to retain its strong entrepreneurial foundation with around 3 million SMEs currently active, as per data from Plataforma Pyme, of the State Secretariat of Industry. 2022 saw the economy finally recover, particularly in the labor market and society. Government negotiations and agreements also factored into the economy’s improvement, with the president aiming for balanced deals that would mutually benefit parties involved. There’s also an evident rise in interest from overseas travelers, particularly from the U.S., boosting the Spanish tourism market. The digital space also underwent significant changes, with major updates made to the digital kit for SMEs. However, there are challenges in specific industries like pork and automotive which are closely monitoring government interactions with China, and a steady decrease in employment in the Spanish agricultural industry.

The Brent opened with virtually no change, at a price of 72.07 dollars per barrel. The gold opened the session with virtually no change, at a price of 2519.8 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 4767.14 points. The DAX 30 started the session with virtually no change, in 18387.0 points, the FTSE 100 started the session with virtually no change, at 8232.55 points, and the EURONEXT 100 started the session with virtually no change, at 1448.4 points.

Close to market opening, the following macroeconomic indicators for Europe were published:. Throughout the day the following indicators will be published: the investor confidence of Eurozone in September.

The IBEX opened with virtually no change, at 11228.1 points. The best performers at the beginning of the day have been BBVA (+1.212 %), BANCO SANTANDER (+0.967 %) and BANCO SABADELL with a change of (+0.941 %) on its values respectively. The worst performers at the beginning of the day have been ENAGAS (-0.496 %), TELEFÓNICA (-0.475 %) and REDEIA with a change of (-0.173 %) on its values respectively.