The Spanish stock index Ibex-35 rebounded at the open on Tuesday with the help of solid corporate results, as global markets focused their eyes on central banks, with a possible extension of the interest rate tightening path on the horizon.

The Reserve Bank of Australia raised interest rates by 25 basis points on Tuesday, as expected, but tweaked its language regarding the outlook, adding to comments from Minneapolis Fed President Neel Kashkari, who said the Fed likely has more work ahead to control inflation.

"Markets probably fear that lower yields will force the Fed to rethink an extended pause," said Nicholas Chia, macroeconomic strategist at Standard Chartered.

At 0815 GMT on Tuesday, Spain's selective Ibex-35 stock index was up 28.60 points, 0.31%, to 9,270.10 points, while the FTSE Eurofirst 300 index of large European stocks retreated 0.01%.

Amadeus led the gains with a rise of 4.48%, after shooting up its profit in the third quarter thanks to the recovery of air traffic.

In the banking sector, Santander rose 0.18%, BBVA gained 0.54%, Caixabank advanced 0.18%, Sabadell gained 0.34%, Bankinter gained 0.20%, and Unicaja Banco rose 0.50%.

Among the large non-financial stocks, Telefónica fell 1.91% after announcing that it has agreed to submit a takeover bid to buy the 28.19% stake it does not own in its German subsidiary, Telefónica Deutschland.

Inditex advanced 0.66%, Iberdrola lost 0.09%, Cellnex gained 0.91%, and the oil company Repsol lost 1.19%.

(Information by Benjamín Mejías Valencia; edited by Flora Gómez)