Spain’s commercial relationship with Venezuela may face significant changes with a possible breakup looming. In 2023, Spain exported goods to Venezuela worth €145 million, placing Venezuela 94th in its trading destinations list. However, Spain has a higher foreign sales volume than France or Italy and is narrowing the gap with Germany. In other news, the prices in the service sector have risen by 2.3% in the second quarter compared to the same period last year. This growth rate is slightly lower than the one registered in the first quarter. Lastly, Spanish companies are anticipating a business turnover recovery in the fourth quarter of the year, despite predicting a minor downturn.
The Brent opened with virtually no change, at a price of 72.08 dollars per barrel. The gold opened the session with virtually no change, at a price of 2609.6 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 4838.55 points. The DAX 30 started the session with virtually no change, in 18652.45 points, the FTSE 100 started the session with virtually no change, at 8267.22 points, and the EURONEXT 100 started the session with virtually no change, at 1468.84 points.
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The IBEX opened with virtually no change, at 11552.2 points. The best performers at the beginning of the day have been ACCIONA (+1.566 %), LABORATORIOS ROVI (+1.018 %) and SOLARIA with a change of (+1.001 %) on its values respectively. The worst performers at the beginning of the day have been REPSOL (-1.518 %), UNICAJA (-1.278 %) and MELIÁ HOTELS with a change of (-1.07 %) on its values respectively.