Financial Markets Daily Report 05 June 2024 Sovereign bond yields fell for a second consecutive day on both sides of the Atlantic as softer-than-expected job openings data in the US reinforced expectations the Fed will lower rates this year. In the euro area, markets await the ECB tomorrow, which is widely expected to lower interest rates by 25 bp. Financial markets outlook The markets assume high rates for longer For much of April, the tone in the financial markets was marked by geopolitical risks and investors’ bets about the near future of monetary policy in the major developed economies. CaixaBank Research 14 May 2024 World outlook International fragmentation in the economic outlook As the global economy’s landing is turning out to be smoother than anticipated a few months ago, the last few weeks reminded us that the environment continues to be marked by a high degree of uncertainty. CaixaBank Research 15 May 2024 Spain's outlook Spain’s growth beats expectations in Q1 The indicators published in recent weeks confirm the good health of the Spanish economy, with growth in Q1 once again beating expectations and recording the highest rate among the major euro area economies. CaixaBank Research 16 May 2024 Portugal outlook The Portuguese economy kicked off 2024 stronger than expected GDP provides a positive surprise in Q1, with quarter-on-quarter growth of 0.7%, according to the first provisional estimate published by the country’s National Statistics Institute.This exceeds our forecast of 0.4% and, therefore, introduces upward risks to our forecast… CaixaBank Research 16 May 2024 Monetary policy Phase changes in monetary policy CaixaBank Research 15 May 2024 Activity & growth Whoever has a home has a treasure Rita Sánchez Soliva 16 May 2024 Activity & growth Distribution of wealth in Europe’s large economies Rita Sánchez Soliva 16 May 2024 Financial stability A closer look at the increase in Spanish household savings in 2023 Javier García Arenas 16 May 2024 Activity & growth Spanish firms remain financially sound Sergio Díaz 16 May 2024 Demographics '2024 Ageing Report' and pension reform: everything you need to know (and a little bit more) Javier García Arenas 16 May 2024 Real estate The acquisition of housing in Lisbon by foreigners Tiago Belejo Correia 16 May 2024 Activity & growth An exceptional year for the catering sector in Spain Pedro Álvarez Ondina Alberto Graziano 15 April 2024 Publications Sectorial ReportSectoral Observatory 2024 Monthly ReportMay 2024 | No. 48916 May 2024 SpainSpain’s Macroeconomic & Financial Outlook09 May 2024 PortugalPortugal’s Macroeconomic & Financial Outlook09 May 2024 Sectorial ReportReal Estate. Improved outlook for Spain’s real estate sector S1 2024 Sectorial ReportTourism. Spain’s tourism industry: dynamism in 2023, strength in 2024 1S 2024 Sectorial ReportAgrifood. The sector is making headway despite adverse conditions 2023 Sectorial ReportManufacturing Industry 2023 Opinion Editorial Positives and negatives in the global economy in the shortand medium term José Ramón Díez Head of International Economies and Financial Markets Key points of the month The Spanish economy surprises the most optimistic analysts Oriol Aspachs Spanish Economy Director Recommended Sectoral Observatory Outlook for the economy and its sectors in 2024 and 2025 David Cesar Heymann 04 June 2024 Sectoral Observatory A perspective of the Spanish economy through the lens of the new CaixaBank Research Sectoral Indicator Pedro Álvarez Ondina 04 June 2024 Sectoral Observatory Which of Spain’s sectors have been hardest hit by the slowdown of our trading partners? Pedro Álvarez Ondina 04 June 2024 Sectoral Observatory Manufacturing gains traction despite a challenging environment Sergio Díaz 04 June 2024 Sectoral Observatory Methodology note: CaixaBank Research Sectoral Indicator 04 June 2024 Sectoral Observatory The CaixaBank Research Sectoral Observatory Judit Montoriol Garriga 04 June 2024 Sectoral Observatory Infographic. CaixaBank Research Sectoral Observatory Judit Montoriol Garriga 04 June 2024 Portugal outlook The Portuguese economy kicked off 2024 stronger than expected CaixaBank Research 16 May 2024 Activity & growth Distribution of wealth in Europe’s large economies Rita Sánchez Soliva 16 May 2024Most readPhase changes in monetary policyWhoever has a home has a treasureOutlook for the economy and its sectors in 2024 and 2025Which of Spain’s sectors have been hardest hit by the slowdown of our trading partners?The acquisition of housing in Lisbon by foreigners NewsletterBeing informed now ismore important than everGet our latest updates Sign in Hot topics Real-Time Economics Demographics Podcasts Batalla épica de bancos centrales: el BCE y la Fed cara a cara 23/05/2024 Forecasts Financial markets Interest rate (%)Update date 09-05-2024 Macroeconomic GDP (%)Update date 09-05-2024 Team Ricard Murillo GiliEconomist Josep Mestres DomènechSenior economist Judit Montoriol GarrigaLead economist Pedro Álvarez OndinaEconomist Luís Pinheiro de MatosEconomist Eduard Alcobé GarciaData scientist Beatriz Villafranca SerranoEconomist Meet us Jesús ViscarriOrganization Imelda EstebanSenior economist David del ValSenior economist Sergio DíazEconomist Alberto GrazianoSenior Data Scientist Mar Bisquert PerlesData scientist Mireia CrusellsAnalyst Meet us José Ramón DíezHead of International Economies and Financial Markets José Antonio Sánchez PalominoData scientist Nuria BustamanteLead economist Ariadna Vidal MartínezLead economist Oriol AspachsSpanish Economy Director Maitane LizarragaAnalyst Léopold JouvenAnalyst Meet us Erik Solé VivesResearch assistant Adrià Morron SalmeronLead economist Zoel Martín VilatóEconomist Isabela Lara WhiteEconomist David Cesar HeymannEconomist Oriol Carreras BaquerSenior economist Ana María PorrasOrganization Meet us Javier Ibáñez de Aldecoa FusterEconomist Carolina CruzOrganization Ana Rincón GarcíaOrganization Sandra Jódar RosellDirector of Strategic Planning Enric FernándezChief Economist Roser FerrerSenior economist Patricia EstebanCommunication Meet us Martín VillaránResearch assistant Javier García ArenasSenior economist Rita Sánchez SolivaEconomist Meet usPrint
Financial markets outlook The markets assume high rates for longer For much of April, the tone in the financial markets was marked by geopolitical risks and investors’ bets about the near future of monetary policy in the major developed economies. CaixaBank Research 14 May 2024
World outlook International fragmentation in the economic outlook As the global economy’s landing is turning out to be smoother than anticipated a few months ago, the last few weeks reminded us that the environment continues to be marked by a high degree of uncertainty. CaixaBank Research 15 May 2024
Spain's outlook Spain’s growth beats expectations in Q1 The indicators published in recent weeks confirm the good health of the Spanish economy, with growth in Q1 once again beating expectations and recording the highest rate among the major euro area economies. CaixaBank Research 16 May 2024
Portugal outlook The Portuguese economy kicked off 2024 stronger than expected GDP provides a positive surprise in Q1, with quarter-on-quarter growth of 0.7%, according to the first provisional estimate published by the country’s National Statistics Institute.This exceeds our forecast of 0.4% and, therefore, introduces upward risks to our forecast… CaixaBank Research 16 May 2024
Financial stability A closer look at the increase in Spanish household savings in 2023 Javier García Arenas 16 May 2024
Demographics '2024 Ageing Report' and pension reform: everything you need to know (and a little bit more) Javier García Arenas 16 May 2024
Activity & growth An exceptional year for the catering sector in Spain Pedro Álvarez Ondina Alberto Graziano 15 April 2024
Positives and negatives in the global economy in the shortand medium term José Ramón Díez Head of International Economies and Financial Markets
Sectoral Observatory Outlook for the economy and its sectors in 2024 and 2025 David Cesar Heymann 04 June 2024
Sectoral Observatory A perspective of the Spanish economy through the lens of the new CaixaBank Research Sectoral Indicator Pedro Álvarez Ondina 04 June 2024
Sectoral Observatory Which of Spain’s sectors have been hardest hit by the slowdown of our trading partners? Pedro Álvarez Ondina 04 June 2024
Sectoral Observatory Manufacturing gains traction despite a challenging environment Sergio Díaz 04 June 2024
Sectoral Observatory The CaixaBank Research Sectoral Observatory Judit Montoriol Garriga 04 June 2024
Sectoral Observatory Infographic. CaixaBank Research Sectoral Observatory Judit Montoriol Garriga 04 June 2024
Portugal outlook The Portuguese economy kicked off 2024 stronger than expected CaixaBank Research 16 May 2024