The Spanish economy displays compelling dynamism, with a notable uptick across several sectors. The country’s sustainable bond market hit €17 billion in Q1, marking a 36% increase from the same period last year, significantly outperforming the global market which declined by 15%. Reflecting this evolving economic landscape, the Public Treasury is preparing a significant auction of letters. In the energy industry, strategies are shifting towards sustainability, with alliances formed to construct in-house renewable gas production plants. Interestingly, Spain is also experiencing an increased demand for room rentals, with prices surging 6.4% year-on-year in Castilla y León. Furthermore, the Spanish food industry continues its international expansion, with preparations for a strong presence at global food fairs. Tourism prospects remain high, bolstered by robust interest from US citizens in international travel and Spain as a preferred destination.
The Brent reached mid-day with losses of (-0.5 %), going down to 71.53 dollars per barrel. The gold until mid-day has had an increase of 0.21 %, quoting at 2524.1 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.32 % until mid-day, reaching 4776.76 points. The DAX 30, with a 0.28 % gained until mid-day, is reaching 18414.51 points, the FTSE 100 has been going up 0.18 % until mid-day, reaching 8243.5 points, and the EURONEXT 100 has been gaining 0.26 % until mid-day, reaching 1451.27 points.
Throughout the day the following indicators indicators for Europe have been published:. In addition, during the day the following indicators will be published: the investor confidence of Eurozone in September.
Up until mid-day, the IBEX has got an increase of 0.34 % to reach the 11259.2 points. The best performers until the mid-day have been ACCIONA ENERGIA (+1.472 %), MELIÁ HOTELS (+1.257 %) and LABORATORIOS ROVI with an change of (+1.233 %) on its values respectively. The worst performers until the mid-day have been MERLIN PROPERTIES (-0.779 %), GRIFOLS (-0.64 %) and CELLNEX with a change of (-0.449 %) on its values respectively.