European markets face volatility amid economic data and central bank decisions

European stock markets experienced mixed performance during the week of October 24, 2026. The IBEX 35 led weekly gains with a 7.55% increase, while the DAX saw a weekly decline of 1.7%, closing at 25,181.65 points. The downturn in the DAX was attributed to weakening Eurozone purchasing managers' indices, particularly in France, as well as rising oil prices and investor skepticism regarding artificial intelligence investments.

Looking ahead, market participants are focused on upcoming central bank decisions from the Federal Reserve and the European Central Bank. Additionally, a significant earnings season is approaching for major corporations, including Porsche AG, BASF, Deutsche Bank, Mercedes-Benz, and Volkswagen. In the commodities sector, gold saw a notable weekly decline of 14.32%.