The Spanish economy continues its strong growth, beating all forecasts. Following a robust first quarter, the country’s GDP expanded by 0.8% in the second quarter, according to the National Institute of Statistics. This represents a slight deceleration from the revised 0.9% growth seen at the start of the year, but it remains ahead of many European peers. The primary driver of this growth is strong consumer spending, with household consumption increasing 1% on a quarterly basis, half a point above the previous quarter. On an annual basis, the growth rate has accelerated to 3.1%, marking the highest rate since the start of the year and indicating a substantial rise of six tenths compared to the previous quarter.

The Brent opened with virtually no change, at a price of 70.95 dollars per barrel. The gold opened the session with virtually no change, at a price of 2688.3 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 5034.71 points. The DAX 30 started the session with virtually no change, in 19267.95 points, the FTSE 100 started the session with virtually no change, at 8292.7 points, and the EURONEXT 100 started the session with virtually no change, at 1498.14 points.

Close to market opening, the following macroeconomic indicators for Europe were published:, the Unemployment rate of Germany in September (6.0%). Throughout the day the following indicators will be published: the Busines Confidence of Spain in september.

The IBEX opened with virtually no change, at 11986.9 points. The best performers at the beginning of the day have been REPSOL (+1.768 %), CELLNEX (+1.487 %) and FLUIDRA with a change of (+1.383 %) on its values respectively. The worst performers at the beginning of the day have been SOLARIA (-2.258 %), BANKINTER (-1.573 %) and CAIXABANK with a change of (-1.237 %) on its values respectively.