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,...
PSI Companies Report Record Combined Profits of 5.4 Billion Euros Listed companies on Portugal's PSI index have reported combined net profits of nearly 5.4 billion euros for 2025, up 27 percent from the prior year. Three companies — Galp, EDP, and...
PSI Index Holding Steady The PSI index closed the week around the 9,000-point range, with a session high of 9,021 and low of 8,905. The index has posted annual gains of over 2,000 points, with a 2026 high of 9,329 and low of 6,194. EDP was among the...
Energy Markets Roil on Middle East Escalation European natural gas prices have climbed above 50 euros per megawatt-hour as attacks on oil and gas infrastructure in the Middle East continue. The IEA has warned of the "greatest energy threat" the...
