At the start of the week, investors will focus their attention on the publication of the German IFO survey for the month of June, which is essential to observe the degree of recovery of the economy of the leading European power.
On Tuesday the 25th, we will know the final reading of Spain’s GDP in the first quarter of 2024, after the estimated growth in the preliminary reading of 2.4% in year-on-year terms, on a day in which the evolution will also be announced of the May IPP.
On Wednesday the 26th, the GFK consumer confidence in Germany for the month of July will be published, following the improvement in the consumer climate recorded in June (-20.9 vs. -24.0 in May).
On Thursday the 27th, we will know the retail sales for May in Spain, the final reading of the Eurozone consumer confidence in June and the PPI for Italy in May.
At the end of the week, several economic references will stand out, such as the preliminary reading of the June CPI for Spain and France, the final data on the evolution of the United Kingdom’s GDP in the first quarter of this year, and retail sales and the unemployment rate in Germany.
At the business level, the Shareholders’ Meeting of Talgo, FCC, Solaria Energía, Técnicas Reunidas and Urbas Grupo Financiero, among others, will be held.
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