international

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2030 Agenda falling short of targets: no country on track to meet food emissions goal

A United Nations analysis of 197 countries warns that the current pace of transformation of food systems is insufficient and calls for accelerated policies, investment and public-private collaboration. Consejeros Editorial Team Most countries are not progressing at the pace required to meet the international targets of the 2030 Agenda relating to food systems. This is revealed by a new analysis assessing the progress of 197 countries across 44 indicators related…


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Market pricing in 50% probability of rate rise of up to 375–400 basis points at next Fed meeting

Report by Renta 4 The markets opened without any major movements in Europe (Euro Stoxx futures virtually flat) and slightly up in the United States (S&P futures up 0.1% and Nasdaq flat), following another calm session yesterday on the main stock exchanges, with a better tone in Europe (up 0.24% Euro Stoxx 50) than in the US (down 0.32% for the S&P 500 and down 0.60% for the Nasdaq), given…


inmigrante

Employment rate amongst immigrants in EU stands at 68.2 per cent, new all-time high

According to a report by RFBerlin, this new record for immigrant employment in 2025 helped to narrow the employment gap with those born in the country. However, the European labour market continues to fail to realise a significant part of its potential. Reported by Consejeros Editorial Team More immigrants than ever are in work across the European Union. Last year, the proportion of immigrants in employment rose from 67.8% to…


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Fed remains concerned about inflation and keeps interest rates in 3.50%–3.75% range

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…


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Market expects Fed to keep rates at 3.5%–3.75%, although Kevin Warsh’s comments causing confusion

Report by Renta 4 Higher opening (Eurostoxx futures up 0.8%, S&P up 0.9%, Nasdaq up 1.5%), reflecting the pause in US attacks on Iran since last Friday, which has allowed Brent to fall to $92 per barrel (down 10% from the high of $102 per barrel reached last Thursday), a fall in energy prices that is allowing yields to ease (T-bonds down 6 basis points and Bunds down 3 basis…


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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West keeps close eye on digital renminbi (which does pay interest)

Western countries are working on digital currencies that do not pay interest, so as not to compete with commercial banks. However, China and its mBridge project, through which it has launched the digital renminbi, do allow users to earn returns. Analysed by Consejeros Editorial Team Until now, the debate surrounding the digital renminbi and the mBridge Project (the platform developed by China in collaboration with the Bank for International Settlements…


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IEA warns: if Strait of Hormuz not fully reopened “within weeks, not months”, global economy will suffer as stocks run out

Report by Renta 4 European markets opened lower (Eurostoxx futures down 0.8%, S&P 500 down 0.8%, Nasdaq 100 down 1.6%), with profit-taking continuing, particularly amongst chip and memory manufacturers (yesterday Nasdaq down 1.6%), and this is also being felt in Asia (Japan down 5%; South Korea closed for a public holiday), despite strong results in recent days (TSMC, Samsung) and in a market that is questioning the sustainability of valuations,…


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36 per cent of countries still lack tools to monitor air quality

Reported by the Editorial Team According to an article published by the World Economic Forum, air pollution is the greatest global environmental risk, causing 6.7 million premature deaths and an economic cost of 8.1 trillion dollars annually (6 per cent of global GDP). Despite the severity of the problem, the authors point out that there is a significant information gap: in 2024, 36 per cent of countries lacked air quality…


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Pimco rules out Fed rate rise for whole of 2026 following latest inflation figures

Analysed by Tiffany Wilding Both headline and core CPI inflation came in lower than expected in June. Headline CPI fell by 0.4 per cent month-on-month, bringing the year-on-year rate down to 3.5 per cent, as a fall of approximately 10 per cent in energy prices combined with unexpectedly subdued core inflation. Core CPI remained unchanged over the month. What does this mean? It is important to note that the details…