By Morgan StanleyThe strong spending on AI continues to translate into a record issuance of corporate debt. June issuances reached USD 239bn, 90% more than a year ago… while the accumulated volume in 2026 has already reached USD 1.4tn, 36% higher than the previous year. Although the strong supply continues to find very solid demand… supported by record inflows of money into credit funds … MS Research considers that this…
Report by Renta 4 European markets opened without any major movements (Eurostoxx futures up 0.1 per cent, S&P up 0.2 per cent, Nasdaq up 0.5 per cent), as did Asian markets (Japan up 1 per cent, South Korea down 1 per cent), as markets digested both Kevin Warsh’s message (which the market ultimately interpreted negatively despite an initial positive reaction) and the mixed results from Microsoft and Meta. All this…
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…
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…
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…
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…
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…
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…
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…
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…