By the end of 2024, Spain led economic growth in the Eurozone with a striking 3.2% increase in Gross Domestic Product (GDP), outpacing the previous year by five-tenths. This robust expansion underscores Spain’s emergence as a standout performer amid a generally sluggish European economic landscape. Notably, Spain’s GDP growth rate is three times the Eurozone average, marking a significant divergence from its continental peers. From Q1 2019 to Q3 2024, this metric has consistently surpassed the broader European economy by 2.4 percentage points, emphasizing Spain’s economic resilience and ability to attract international attention. The impressive performance has not gone unnoticed, as international media, such as the BBC, have showcased Spain’s economic narrative to a global audience, framing it as a benchmark within Europe. While individual corporate activities, such as those by TotalEnergies, continue in the region, Spain’s overarching economic trajectory remains a key point of discussion.
The Brent opened with virtually no change, at a price of 75.27 dollars per barrel. The gold opened the session with virtually no change, at a price of 2926.5 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 5336.3 points. The DAX 30 started the session with virtually no change, in 21813.49 points, the FTSE 100 started the session with virtually no change, at 8734.79 points, and the EURONEXT 100 started the session with virtually no change, at 1555.5 points.
Throughout the day the following indicators will be published: the Sentix Investor Confidence of Eurozone in February.
The IBEX opened with virtually no change, at 12712.6 points. The best performers at the beginning of the day have been ACERINOX (+2.475 %), LOGISTA (+1.674 %) and SOLARIA with a change of (+1.581 %) on its values respectively. The worst performers at the beginning of the day have been ARCELORMITTAL (-2.486 %), LABORATORIOS ROVI (-2.072 %) and IAG GROUP with a change of (-1.753 %) on its values respectively.