The Spanish economy demonstrated robust health in the second quarter of this year, with the progression rate standing at 0.8%. This growth places Spain at the forefront among major economies, setting it appreciably apart from countries like France, Italy, and Belgium, all of which only managed 0.2%. Meanwhile, the used car market in Spain saw a slight dip with vehicle sales falling to 141,813, marking a 1.1% decrease compared to the same period last year. Additionally, sales of vans dipped by 4.4%, down to 21,574. Public debt in Spain also witnessed a significant shift, with the ten-year yield falling below 3%, setting a new annual low. This dynamic performance of the Spanish economy is attributed to significant contributions from diversified markets, innovative practices, and quality service sectors.
The Brent reached mid-day with losses of (-0.01 %), going down to 73.05 dollars per barrel. The gold until mid-day has had a decrease of (-0.01 %), diminishing its price to 2549.2 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has lost (-0.09 %) until mid-day, going back to 4799.21 points. The DAX 30, with a (-0.12 %) loss until mid-day, is going back to 18502.86 points, the FTSE 100 has lost (-0.06 %) until mid-dat, going back to 8214.78 points, and the EURONEXT 100 has been losing (-0.07 %) until mid-day, going back to 1455.6 points.
Throughout the day the following indicators indicators for Europe have been published: the Trade Balance of Germany in July (16.8B), the Trade Balance of France in July (-5.9B). In addition, during the day the following indicators will be published: the GDP of Eurozone in Q2.
Up until mid-day, the IBEX has got an increase of 0.13 % to reach the 11243.7 points. The best performers until the mid-day have been AMADEUS (+1.682 %), AENA (+1.044 %) and LABORATORIOS ROVI with an change of (+0.691 %) on its values respectively. The worst performers until the mid-day have been MELIÁ HOTELS (-1.395 %), MAPFRE (-0.968 %) and GRIFOLS with a change of (-0.9 %) on its values respectively.