BREAKING: Solid data from Spain

Flash GDP data from Spain for Q4 2020 turned out to be a positive surprise. While the country was expected to experience a 1.5% QoQ contraction, release showed a 0.4% QoQ growth. Retail sales in December declined 1.5% YoY but the market was expecting a 3.9% YoY drop so this is also a positive. On top of that, Spanish inflation accelerated from -0.6% to 0.6% YoY in January. As flash releases from euro area countries are calculated using the same methodology, Spanish release is a positive hint ahead of German release at 9:00 am GMT. Nevertheless, while we have observed a positive knee-jerk reaction on DE30, index quickly reversed and moved towards daily lows.

DE30 gained in a knee-jerk move but has reversed quickly afterwards. The index is now trading at daily lows near 13,400 pts. Source: xStation5

20 October 2026, 6:32 AM

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Daily Summary: Nasdaq and AI Stocks Rebound Ahead of Big Tech Earnings 🚀

19 October 2026, 10:48 AM

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19 October 2026, 9:02 AM

Economic Calendar: Big tech earnings week and test for the AI rally (19.10.2026)

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