Carlos Cuerpo, the Minister of Economy, Trade, and Enterprise in Spain, has recently announced that the Government will be updating their macroeconomic forecasts following an upward revision. This comes as the National Institute of Statistics (INE) published revised annual national accounting series, reflecting both the annual review for 2021, 2022, and 2023 and an extraordinary quinquennial review influencing the entire back series. These adjustments showcase signs of economic activity and could potentially influence market trends in Spain. Further details on the nature and implications of these revisions are yet to be clarified. This strategic move will not only provide a more accurate picture of Spain’s economic health but could also affect future fiscal policies and decisions.

The Brent opened with virtually no change, at a price of 74.23 dollars per barrel. The gold opened the session with virtually no change, at a price of 2602.8 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 4888.16 points. The DAX 30 started the session with virtually no change, in 18865.32 points, the FTSE 100 started the session with virtually no change, at 8325.06 points, and the EURONEXT 100 started the session with virtually no change, at 1480.76 points.

The IBEX opened with virtually no change, at 11785.8 points. The best performers at the beginning of the day have been FLUIDRA (+3.238 %), INDRA (+3.083 %) and ARCELORMITTAL with a change of (+2.512 %) on its values respectively. The worst performers at the beginning of the day have been TELEFÓNICA (-0.387 %), REDEIA (-0.117 %) and CELLNEX with a change of (0.027 %) on its values respectively.