Spain Madrid General Index (weekly),20 week exponential average ingreen, 5 week exponential average inred, 52 week ROC (rate of change) inyellow,MACD (moving average convergence divergence) in green.
Spain Madrid General Index monthly chart, the red line is a 24 month exaverage, the yellow line is a 6 month exaverage.
Spain Notes & Links:
12/15/2011 Spain’s ten-year yields fall 25 basis points to 5.43%
11/22/11 Spain’s private Banco de Valencia, bank #3, is taken over by the state because of RE problems.
Spain’s unemployment rate is 22.6% and 46% for youth.
11/11/2011 WSJ) Telefonica's (TEF) third-quarter revenue rose 3.7% to EUR15.79 billion, even though sales in the Spanish unit fell 8.8% in the period. This was mainly offset by a 18% rise in Latin American sales, where Telefonica now gets almost half of its revenue.
The Spanish economy experienced zero growth in Q3
9/9/11 Spanish RE sales fell 40.8% YoY.
5/4/11 Spain's unemployment rate fell by 1.48% in April
2/13/11 The Spanish economy shrank by 0.1% in 2010
11/5/10 The Spanish economy registered zero growth in Q3.
9/13/10 YoY Spaish home sales rose 16.4%
9/10/10 The Consumer Price Index in Spain rose by 0.3% in August
9/9/10 Home sales in Spain rose 24.7% in Q2 from a year earlier
8/26/10 The Spanish economy expanded by 0.2 % in Q2, although it contracted by 0.1 % YoY
8/6/10 Spain's GDP grew 0.2%
5/30/10 Fitch cut its credit rating for Spain from AAA to AA+
12/09/09 Spain has its credit outlook cut to negative from stable by the ratings agency Standard & Poor's, rattling European markets.
4/29/09 Spain’s GDP fell 2.9%
4/24/09 Spain's unemployment rate rose to 17.4%.
11/4/08 Spain’s unemployment rate reached a 12-year high of 11.3%, the worst in the EU.
Germany, France, Italy, Spain, Holland and Austria have joined forces to launch the greatest bank bail-out in history, offering over 1.5 trillion in guarantees and fresh capital in a "shock and awe" blitz to halt the credit panic.