Spain’s economy and market activity reveal promising signs, with several sectors exhibiting noteworthy growth. The division of commercial vehicles showed a 17% increase in Spain and maintains a 29% share at the European level. The Andalusian Economic Observatory’s Synthetic Activity Indicator displayed a 0.8% growth in the Andalusian economy in the second quarter. Meanwhile, Spain’s tourist sector provided a substantial contribution of $227.9 billion to the economy. The new deputy governor of the Bank of Spain is set to take over from Margarita Delgado, signifying potential shifts in economic leadership. Furthermore, Spain’s government emphasized that Spain holds the fourth position among Eurozone economies growing at a rate surpassing its European counterparts. Lastly, a 1% reduction in train fares reportedly boosts demand by 0.6% while decreasing air travel demand by 0.7%.

The Brent is finishing the session with losses of (-2.67)%, going down to 69.59 dollars per barrel. The gold finished the session with an increase of 0.07%, quoting at 2533.9 dollars per ounce. Now, regarding equity, the EURO STOXX 50 at the end of the session lost (-0.57) %, going back to 4744.33 points. the DAX ended the session losing (-0.82) % going back to 18258.04 points, the FTSE 100 finished with losses of (-0.58)%, going back to 8199.62 points, and the EURONEXT 100 by the end of the day lost (-0.47)%, going back to 1444.74 points.

Throughout the day the following indicators indicators for Europe have been published:, the Industrial producction index of Italy in July (-0.9%).

The IBEX closed with losses of (-0.51 %) to get to 11198.1 points. The best performers of the day have been INMOBILIARIA COLONIAL with a (+1.488 %), CELLNEX with a (+1.299 %) and MERLIN PROPERTIES with an change of (+0.699%) on its values respectively. The worst performers of the day have been LABORATORIOS ROVI with a (-4.203 %), REPSOL with a (-1.959 %) and BANCO SANTANDER with a change of (-1.766 %) on its values respectively.