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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Economic CalendarGDP

Spanish GDP Growth Rate Beats Forecasts in Q2

The Spanish economy grew by 0.7% qoq in Q2, above 0.6% in Q1 and beating expectations of 0.6%, according to preliminary estimates, underscoring the economy’s continued resilience and robust growth momentum. On the expenditure side, household consumption rose by 0.7% (vs 0.6% in Q1), government spending increased by 0.3% (vs 0.6%) and investment went up 0.5% (vs 0.1%). Exports increased 0.8% (vs -0.6%) and imports also rebounded, rising 0.6% (vs -0.9%). On the production side, all major sectors recorded growth. Industrial activity expanded by 1% (vs 0.4%), with manufacturing output rising 0.7% (vs 0.4%), construction activity increasing 0.6% (vs -0.2%) and the services sector growing by 0.8% (vs 0.8%). Meanwhile, the primary sector expanded by a modest 0.2%, following a 3.3% jump in Q1. Year-on-year, the GDP grew 2.7%, matching the pace of the previous three quarters and above forecasts of 2.5%. The Spanish government expects growth o remain above 2% through 2029.

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