LONDON | Barclays | The Bank of Japan (BoJ) stayed away from enhancing monetary stimulus as it expects the economy to move up from the recent soft patch and inflation to pick up.
After the recent stock market collapse, China seeks to dispel doubts on a sharper economic slowdown with a new 1 Trillion yuan plan (€150 bn).
Spain’s housing sales continue to recover in June, with 30,578 new transactions and 17.0% YoY growth.
La Caixa Research | Although the trend of permanent contracts over the last year makes Spain’s labour situation look more promising, it is vital to continue working to ensure new jobs are created on a solid basis.
UBS | The announcement of the policy decision at midday on Thursday will also include the minutes to the meeting, alongside the publication and press conference for the August Inflation Report. This will make for more transparency, but will mean a lot of information for the market to digest in one go.
Venture capital market is still relatively undeveloped in Spain, experts from La Caixa research argue. This kind of investment in Spanish firms totalled 280 million euros (0.03% of GDP) in 2014, clearly below the volumes of the US (0.17% of GDP).
Spain’s top five banks posted a combined net profit of 7.989 billion euros in the first half of 2015, up 48 percent from a year earlier, thanks to the improving economic situation and a decline in bad loans provisions.
LONDON | World trade volumes –for both goods and services– have risen by less than global GDP over the past four years. This is an unprecedented outcome in post WW2 history, UBS analysts point out.
LONDON | On the eve of the biggest Q2 reporting week for EU companies, Barclays top-down model suggests a further acceleration is imminent for euro area stocks, with 6% likely for 2015 as a whole.