IBERIAN DAILY 30 MAY (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: GRIFOLS.
End of tariffs?
European stock markets saw decreasing performance, with the exception of the Ibex, ending with slight drops after reciprocal tariffs were blocked by a US court. Thus, in the STOXX 600 most sectors (15/20) ended with drops, led by Utilities and Household vs. the bigger gains of Banks and Basic Resources. On the macro side, in Spain, April’s retail sales rose to the highest level in 2025. In the US the second reading of the 1Q’25 GDP improved 0.1pp to -0.2% q/y although private consumption was cut, April’s pending home sales dropped more than expected and ...