In the World

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Shift from semiconductors and memory towards hyperscalers and software continues

Report by Renta 4 Minimal fluctuations at the European open (Eurostoxx futures down 0.2%, S&P down 0.1%, Nasdaq down 0.4%) despite continued sharp falls in Asia (Japan down 2%, South Korea down 6%) and renewed tensions between the United States and Iran. Today’s session will have several clear focal points: the Fed meeting and the results from tech giants Microsoft and Meta Platforms, whilst keeping a close eye on the…


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Bleak day for Kospi, on verge of trading halt amid fears of excessive investment in AI

Report by Renta 4 European markets opened lower (Eurostoxx futures down 0.02 per cent, S&P down 0.25 per cent, Nasdaq down 0.8 per cent), following a session that started strong but ended weakly in the US and a black day on the Kospi (down 9%), which hit its lowest level since mid-April and triggered the sidecar and trading halt mechanisms at the start of the session. This fall has been…


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Emerging markets see dividend growth of 12 per cent according to Aberdeen Investments

Analysis by Aberdeen Investments Despite the geopolitical turbulence seen in March, global stock markets have, on the whole, maintained an upward trend so far this year. Growth has been driven mainly by emerging markets, which have posted a return of 24.8 per cent, whilst developed markets have lagged behind (as at 31 May 2026). Dividend growth in emerging markets has also generated a compound annual growth rate of nearly 12…


Plata

Silver price plummets

Silver is trading today at $51 per ounce. At the end of January this year, following a dizzying rally that began in late 2025, the spot price of silver soared to an all-time high of $121.67 per ounce. The fall exceeds 55 per cent in six months. By Consejeros Editorial Team Silver is trading today at $51 per ounce. At the end of January this year, following a dizzying rally…


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Trump imposes tariffs of between 10% and 12.5% on 60 economies

Reported by Consejeros Editorial Team The administration of US President Donald Trump announced on Thursday new tariffs of between 10% and 12.5% on imports from 60 countries and economies, citing an investigation into “insufficient efforts to combat forced labour” as justification; this measure comes just hours before the current temporary global tariff of 10% imposed by Washington is due to expire. The new tariffs, announced by the office of the…


tipos interes

Neuberger: A story of real interest rates

The firm believes that, despite the impact of the rise in real interest rates on fixed-income markets in the coming quarter, the credit market may continue to show resilience as long as growth remains robust and inflation stays under control. Report by Neuberger Movements in interest rates this year have been driven primarily by the rise in real interest rates rather than by an increase in inflation expectations. Real interest…


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2026 already best year for European M&A since 2018

The cumulative value of deals announced in 2026 has already reached $211bn, surpassing any full year since 2018. Meanwhile, activity in the first seven months of the year is approximately 80 per cent higher than that recorded in the same period of 2025. Report by Morgan Stanley One of the most notable developments in recent weeks has been the sharp rebound in M&A activity in Europe, a trend that has…


ElectricityTC

New era of electricity transforming energy from raw material into strategic asset

Driven not only by decarbonisation, but also by geopolitical fragmentation, state intervention and the race for clean technologies, the transition towards electrification is complex and non-linear. Rosa Duce, CIO of Deutsche Bank Spain, explains: “In this new era of electricity, high levels of investment have already profoundly changed the mix of supply and distribution: the evolution of clean energy from a subsidised niche to becoming an essential, mainstream investment is…


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New dawn in UK: Andy Burnham takes office as seventh Prime Minister in just over a decade

The UK begins the second half of 2026 with a new Prime Minister, a large Labour majority and another opportunity to rebuild its economic credibility. Reported by Anthony Willis The UK has a new Prime Minister – the seventh in just over a decade – and another opportunity to reset the country’s economic narrative. Andy Burnham arrives at 10 Downing Street with a comfortable majority, but the challenge is clear:…


oil plataform

With MoU formally terminated and Strait of Hormuz virtually paralysed, Brent crude rises above $90/barrel

Report by Renta 4 Flat opening (Eurostoxx futures down 0.2%, S&P unchanged, Nasdaq up 0.2%), whilst in Asia Japan is closed today and South Korea is seeing a rebound from Friday’s falls (of 4%). Today, Burnham is set to be appointed British Prime Minister. On the geopolitical front, this marks the ninth night of US strikes against Iran, with targets extending beyond strictly military sites (bridges, infrastructure, ports), a sign…