Should Spain worry more about China or Brazil?
Pessimism over the latest data coming from these two developing countries could affect the recovery in Spain and Europe.
World economy
The digital economy: the global data revolution
La Caixa Research | Which are the effects of digitalisation on the global economy?
BoJ monetary policy unchanged but capital impairment risk cannot be ignored
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.
China considers investment plan to bolster growth
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).
US GDP GROWTH ACCELERATES IN Q2
The US economy is gaining momentum in the second quarter with an estimated 2.3% growth, supported by consumption and construction investment.
Markets relieved by China PMI
Caixin China services PMI rose to 53.8, a 11-month high, in July (well above the 50-mark separating contraction from growth and up from June’s 51.8), giving a respite to market watchers concerned by the recent weak manufacturing data.
Global trade growth is not picking up
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.
FED keeps the door open in July
LONDON | Barclays | The US dollar strengthened after the FOMC left the door open for a September move, although it did not provide any strong signal for the timing of the first hike.
Oil and gas: The struggle to stay relevant
July 24, 2015 | UBS | Sector performance since crude began to slide again has, unsurprisingly, been poor: EU integrateds are down 11% since the May peak, underperforming the wider market by 11%, and the US peers down 10%.
Et tu Singapore? Another central bank suffocates the economy?
July 22, 2015 | By Benjamin Cole via Marcus Nunes‘ Historinhas | Singapore is every economist’s favorite nation, for its often free-market or price-sensitive approach to government. And the city-state has boomed for generations, verifying economists are right. But now, reports The Economist in its July 18 issue, Singapore’s productivity is dying on the vine, much like that of the United States, or Europe.