international

Fed Kevin Warsh Reunion Junio 2026 1

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…


FED Kevin Warsh

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…


estrecho ormuz petroleros 1

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…


Fed Kevin Warsh Presidente Reunion Junio 26

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…


estrecho ormuz petroleros

Tensions between Trump and rest of world flaring up again, but IMF believes global economy has weathered war better than expected

Report by Renta 4 European markets opened higher (Eurostoxx 50 futures up 1%) following a session on Wall Street that started slowly but ended strongly, leading to a recovery of 1%–1.5% in the main US indices, as well as gains in futures (S&P 500 and Nasdaq 100 up 0.2%–0.3%). All this despite the escalating tensions between the US and Iran, which have pushed Brent crude up by 9% over the…


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Invesco, underweight in Taiwan and South Korea. “We may be seeing a bubble in these markets”

Reported by Julia Pastor Invesco’s outlook for the second half of the year has changed little from that published by the firm at the start of the year. The outlook for economic growth and inflation is less favourable now, but not enough to trigger negative returns on global equities. Thus, and despite all the disruptions that have occurred up to July (the rapid advance of AI, geopolitical tensions and their…


SpaceX Fabrica

SpaceX joins Nasdaq 100 after 15 days of trading on Nasdaq

International Macroeconomics Reported by Bankinter Elon Musk’s company joins the Nasdaq 100 this Tuesday – the US stock market index comprising the 100 most significant companies in the technology sector – after 15 trading sessions on the Nasdaq. Specifically, it will be included with a weighting of 0.77%. The requirement imposed by the index is that it must trade at a minimum of between three times its free float and…