Euribor Breaks Above 3% as Spanish Mortgage Costs Rise Further
On Friday, the Euribor benchmark surpassed the 3% level, a threshold not seen since September 2024, indicating higher borrowing costs for Spanish variable-rate mortgages.
On Friday, the Euribor benchmark surpassed the 3% level, a threshold not seen since September 2024, indicating higher borrowing costs for Spanish variable-rate mortgages.
Futures of major European indices anticipate a slight rise at the opening, which could enable the Spanish IBEX to end its seven consecutive days of declines.
The Italian lender Monte dei Paschi has put forward a €2 billion bid to buy Banco BPM and Banca Generali, a move designed to block a hostile acquisition attempt and consolidate its position in the Italian banking sector.
Almirall is experiencing a delicate moment on the stock exchange. Although first‑half results have not shown negative surprises and analysts remain confident, the pharmaceutical group is completely missing the rally of the Spanish market that is reaching historic highs.
The CFO of Banco Sabadell sold a portion of his holdings while the bank’s share price reached historic highs.
The eDreams share price has risen roughly 40% so far this year after short sellers closed their short positions, adding credibility to the ongoing rally.
Italian bank Intesa Sanpaolo reported a stake of roughly $966 million in US rocket company SpaceX as of the end of June, revealed through a regulatory filing.
Kraken has introduced US-listed stock trading for customers in the European Economic Area, enabling them to buy and sell conventional US shares as well as a wide range of tokenized xStocks via its European platform.
Duro Felguera led the Spanish market today with a rally of as much as 26% after releasing its half‑year accounts and revealing a strategic project in Mexico that will be decided at the September general meeting.
Digi Spain Telecom’s shares closed their first month of trading on the Spanish stock market unchanged, staying at the €5.6 price level at which they debuted on July 16.