EZB8RISK / Market Briefing

Spain's market took a hit after flash inflation jumped to a three-and-a-half-year high, fueling expectations of higher ECB rates and weighing on Spanish equities. The housing story

Spain's market took a hit after flash inflation jumped to a three-and-a-half-year high, fueling expectations of higher ECB rates and weighing on Spanish equities. The housing story is escalating, with the government proposing a ban on evictions until 2030 and the evicted Madrid pensioner now allowed to return home, keeping the political pressure on landlords and property players in view. Energy policy remains active too, with regulated gas price increases capped for households as Madrid pushes the EU on a 2040 renewables target.

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