The Spanish economy witnessed a slight contraction in its import-export activities as recent data shows. According to the latest reports, exports took a marginal dip of nearly 1% on an interannual basis. Similarly, imports also experienced a downward trend, reducing by 1.7%. These figures imply a potentially cautious approach by Spain towards overseas trade activities amidst evolving global market conditions. Such contraction in foreign trade activities may temporarily affect the growth trajectory of the Spanish economy. However, it is also important to consider these figures in a wider context of the economic cycle, as short-term fluctuations may be reconciled with longer-term growth objectives.

The Brent reached mid-day with losses of (-0.51 %), going down to 74.39 dollars per barrel. The gold until mid-day has had an increase of 0.05 %, quoting at 2632.1 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has lost (-0.5 %) until mid-day, going back to 4897.32 points. The DAX 30, with a (-0.43 %) loss until mid-day, is going back to 18807.59 points, the FTSE 100 has lost (-0.26 %) until mid-dat, going back to 8267.32 points, and the EURONEXT 100 has been losing (-0.53 %) until mid-day, going back to 1481.52 points.

Throughout the day the following indicators indicators for Europe have been published:, the Trade Balance of Spain in July (-3.20B).

Up until mid-day, the IBEX has got a decrease of (-0.16 %), to get to 11772.2 points. The best performers until the mid-day have been NATURGY (+0.988 %), IBERDROLA (+0.783 %) and ENDESA with an change of (+0.571 %) on its values respectively. The worst performers until the mid-day have been SOLARIA (-2.573 %), ACCIONA ENERGIA (-2.462 %) and ACCIONA with a change of (-2.259 %) on its values respectively.