The Bank of Spain has upwardly revised its economic growth forecasts for the upcoming years, predicting a GDP growth rate of 2.8% in 2024, an increase of 0.5% points from previous predictions. This adjustment comes with the anticipation of steady job creation across the forecast horizon. However, there are warnings of an uncertain and worrisome reality due to various open fronts at the international, national, and regional levels. Despite these concerns, the Spanish economy’s outlook seems bolstered by these new forecasts. On the downside, public account deficits are expected to remain above 3% in 2026, with public debt not dropping below 10%. Such fiscal concerns continue to present challenges for future economic stability.

The Brent opened with virtually no change, at a price of 72.9 dollars per barrel. The gold opened the session with virtually no change, at a price of 2612.4 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 4846.71 points. The DAX 30 started the session with virtually no change, in 18703.19 points, the FTSE 100 started the session with virtually no change, at 8340.64 points, and the EURONEXT 100 started the session with virtually no change, at 1473.01 points.

Throughout the day the following indicators will be published: the Investor confidence index of Eurozone in September.

The IBEX opened with virtually no change, at 11666.8 points. The best performers at the beginning of the day have been FLUIDRA (+1.507 %), IAG GROUP (+1.223 %) and TELEFÓNICA with a change of (+1.138 %) on its values respectively. The worst performers at the beginning of the day have been CAIXABANK (-0.037 %), MERLIN PROPERTIES (0.169 %) and GRIFOLS with a change of (0.198 %) on its values respectively.