Financial markets, PSI-20 performance, and investment news in Portugal.
In today's briefing: • PSI-20 Opens Lower on Middle East Concerns • Euro Weakens Against Dollar • Oil Prices Surge Past $95 per Barrel • Porto House Prices Hit Record €4,060/m² • Lisbon Rental Yields Fall Below 4% • Unbabel Raises €40M in Series D Extension • TAP Air Portugal Reports Q1 Loss • Ga...
Markets & Economy GDP FORECAST: DBRS maintains Portugal's 2026 GDP growth forecast at 2.1%, with 2027 projections improved to 1.8%. The ratings agency cites wage increases and tax cuts as growth drivers, though the Iran war and energy costs pose...
Markets & Currency PSI-20 hits 18-year high. Portugal's benchmark stock index reached 9,173 points in late February, the highest level since June 2008. Over the past year, the PSI-20 has gained 34.51 percent, significantly outperforming many...
Markets & Economy Bank of Portugal Slashes Growth Forecast to 1.8% The central bank cut Portugal's 2026 GDP growth projection from 2.3% to 1.8%, citing Middle East conflict and Storm Kristin damage. Inflation forecast jumped to 2.8% from 2.1%. Oil...
In today's briefing: • Housing Prices: 17.6 Percent Surge Puts Portugal at Europe's Top • Bank of Portugal Growth Forecast Sits at 1.8 Percent for 2026 • EUR/USD Steady, Dollar Modestly Firmer • Budget Surplus Data Expected From INE • Portugal's National Debt Falls to 89.6 Percent of GDP • 16-Cit...
PSI Index Holds Steady Amid Global Volatility Portugal's PSI index closed Tuesday around 8,861 points, trading in a narrow range between 8,782 and 8,889. The index is up roughly 2,050 points on the year but remains well below its 2026 high of 9,329....
EUR/USD at 1.159 as Euro Holds Strong The euro is trading at approximately 1.159 against the US dollar as of this morning, maintaining strength amid continued European Central Bank rate stability. The ECB has held its main refinancing rate steady,...
