Latest data shows that Spanish GDP grew further in second quarter of 2015, shrugging off any fear of slowdown amid Greek crisis and looming rate hike from US Federal Reserve.
- Spanish economy grew 3.1% in second quarter from a year ago, growth registered 1% gain from previous quarter. Spanish economic growth improved for nine consecutive quarters, with positive consecutive growth in last six.
Spanish economy provides evidence of growth potential in Europe if the economies are able to pursue reforms amid weaker Euro.
Over Recent turmoil many of the European bourses have wiped out all the gains for the year, which makes them cheap enough to invest.
Spain's benchmark stock index, IBEX35 is currently trading at 10250, flat for the year and still 5000 points below its 2007/08 peak.
European equities are likely to benefit massively thanks to ultra-loose monetary policy from European Central Bank, return of global growth and weaker Euro.


Hormuz Vessel Traffic Drops to Single Digits
Asian Stocks Slide as Oil Surge Fuels Rate Hike Fears
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise
Gold Prices Steady as Hot PPI Boosts Fed Rate Hike Bets
Dollar Rises as Fed Hike Bets Weigh on Asian Currencies
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build
Citi Sees Signs of Shift in Global Currency Policy
Saudi Oil Exports Face 4% Global Supply Threat as Pipeline Remains Shut
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
UK Economy Grows 0.4% in July, Beating Forecasts 



