Spain has emerged as the eleventh world nation and third European country in foreign investment attraction, with foreign capital accounting for 57.9% of the GDP, as stated by Funcas in its recent publication. Aided by strong Q2 growth, robust export sector, and slowly accelerating private consumption, the General Council of Economists (CGE) forecast Spain’s economic growth at 2.9% for 2024. Additionally, the International Monetary Fund (IMF) highlighted Spain’s leading position within the eurozone, citing its diversified economy, internal consumption growth, and the resilience of key sectors, which further strengthens the sustainable and robust growth projection for the country beyond 2024. Amid this, the CGE expects the unemployment rate to maintain around 11%, while the debt would slightly drop below 100% by 2029.

The Brent opened with virtually no change, at a price of 75.65 dollars per barrel. The gold opened the session with virtually no change, at a price of 2766.7 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 4943.69 points. The DAX 30 started the session with virtually no change, in 19440.5 points, the FTSE 100 started the session with virtually no change, at 8317.02 points, and the EURONEXT 100 started the session with virtually no change, at 1486.23 points.

Close to market opening, the following macroeconomic indicators for Europe were published: the Consumer confidence of Eurozone in October (-12.5).

The IBEX opened with virtually no change, at 11853.4 points. The best performers at the beginning of the day have been SOLARIA (+2.092 %), IAG GROUP (+1.49 %) and SACYR with a change of (+1.48 %) on its values respectively. The worst performers at the beginning of the day have been BANKINTER (-1.343 %), CELLNEX (-0.95 %) and INDITEX with a change of (-0.697 %) on its values respectively.