Spain’s economy saw a GDP growth of 0.8%, according to its market sentiment indicators, which include consumer price index, GDP growth, unemployment rate, and inflation. On the company front, UK-based Achilles Information is set to acquire a Spanish firm, specializing in supply chain risk and performance management. Meanwhile, Spain’s cheese exports have surpassed those recorded in the same period last year. In another development, Spain’s economy is at a crucial juncture as its Treasury prepares for the last auction in September. Moreover, the Euribor, a key indicator for Spain’s variable mortgages, fell below 3% for the first time in 633 days, standing at 2.986%. Spain’s exports weight is greater than France or Italy, narrowing the gap with Germany. However, potential trade disruptions between Spain and Venezuela could have significant economic implications, given Spain’s 2023 exports to Venezuela valued at 145 million euros.

The Brent is finishing the session with an increase of 1.43%, to reach the 72.97 dollars per barrel. The gold closed this session with losses of (-0.26)%, diminishing its price to 2604.5 dollars per ounce. Now, regarding equity, the EURO STOXX 50 at the end of the session lost (-0.22) %, going back to 4822.78 points. the DAX ended the session losing (-0.08) % going back to 18618.95 points, the FTSE 100 finished with gains of 0.26 %, reaching 8273.91 points, and the EURONEXT 100 by the end of the day lost (-0.14)%, going back to 1465.07 points.

Throughout the day the following indicators indicators for Europe have been published:, the Trade Balance of Eurozone in July (21.2B).

The IBEX closed the session with an increase of 0.28 % to reach the 11559.7 points. The best performers of the day have been ENAGAS with a (+1.881 %), TELEFÓNICA with a (+1.417 %) and ACS with an change of (+1.083%) on its values respectively. The worst performers of the day have been GRIFOLS with a (-2.001 %), UNICAJA with a (-1.54 %) and INDRA with a change of (-1.134 %) on its values respectively.