❗ Warning sign on SPA35 ⛔

The Spanish index is among the biggest winners of the vaccine news. It makes sense – the Spanish economy has been hit extremely hard by the pandemic and with tourism playing such a vital role there it’s safe to assume that a return to normalcy would be great for the Spanish stocks. The question here is – isn’t this too much too soon? Vaccine news is great but it doesn’t ensure a smooth path to pre-pandemic lifestyle.

Technically, the index soared above June highs yesterday on the Moderna news but was unable to sustain gains and drew a daily falling star pattern. Traders should watch it carefully because a red session today could herald a correction.

10 August 2026, 6:40 AM

Morning Wrap: No Breakthrough in the Strait of Hormuz; Investors React to Berkshire Hathaway's Earnings

7 August 2026, 6:55 PM

Daily summary: Dollar rout after NFP, Gold back on the rise

7 August 2026, 5:58 PM

Three markets to watch next week (07.08.2026)

7 August 2026, 3:07 PM

US OPEN: Shallow rebound in the shadow of a weak labor market

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