José Luis M. Campuzano (Spanish Banking Association) | Citi flags that the US/Euro Area monetary conditions have noticeably narrowed since the start of the year. Financial conditions have relaxed in the US and tightened in the Eurozone mainly due to the trend in the relative exchange rate.
There is a 100% possibility that the Federal Reserve will raise rates today. As a result, the interest rate outlook won’t be the subject of debate and the interest, more than ever, will be on how the Fed is going to manage its balance sheet. What’s clear is that the Fed’s balance sheet will remain bigger than it was in the past.
Emmanuel Gomez Farias Mata and Ivan Farias Pelcastre | Donald Trump’s populist approach led political commentators on both sides of the Atlantic to argue that the US had abandoned its position at the forefront of global politics. Those same commentators quickly turned their heads to Germany as the country that can — and seems willing to — lead the industrialized, liberal democracies into the 21st century, and pronounced German Chancellor Angela Merkel as the new “leader of the free world.”
Donald Trump is making the mistake of investing in and arming the Saudi regime at the very moment when its foundations are eroding.
Saudi Arabia, Bahrain, the UAE, Egypt, Yemen and Libya announced on Monday that they were cutting diplomatic relations with Qatar, alluding to this country’s links with terrorism. But how will this crisis affect Qatar’s investments in Spain? It could affect the sovereign funds’ investments in infrastructure as well as in the sponsorship of various football clubs.
The situation for Qatar is precarious, says former US Ambassador Gary Grappo. Its best bet may be diplomatic intervention by a friendly neutral state.
The FAANG, an acronym for Facebook, Apple, Amazon, Netflix and Google, are the five companies really moving the US market. As a matter of fact, it is entirely dominated by Apple. And this firm’s expectations are what drives its share price.
Trump’s rejection of the Paris climate agreement will have few substantial consequences as regards promoting home-made pollution. On the other hand, it may deter emerging economies, such as India, from delivering on their commitments in exchange for money, unless Europe foots the bill.
Roberto Azevêdo via Caixin | Trade has long proven to be an engine for growth and development, and in recent decades the countries of East Asia and the Pacific have been major beneficiaries of this phenomenon. However, many are arguing that this engine of growth and development is in need of repair.
Mexico is an automotive powerhouse in its own right: it is fourth in the rankings of automobile exporters, coming immediately after the top three players, Germany, Japan and the US. And there are important indirect public advantages which an automotive manufacturere can benefit from if it decides to set up operations there.