Madrid business leaders analyze global trade and US election impacts

The Madrid Chamber of Commerce, Industry and Services and Banco Santander held their 2026 ‘Market Update’ session, gathering approximately 70 companies to analyze the evolving global economic cycle.

Experts identified a high-friction international environment characterized by political, social, and economic instability, including tensions among central banks. Key discussion points included the impact of the upcoming United States midterm elections on global policy and the evolution of the euro-dollar exchange rate as critical factors for the future of foreign trade.