macroeconomics

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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…


made europe

‘Made in Europe’ or how to build 20 million m² of industrial space a year for a decade

The new European ‘Made in Europe’ policy, enacted through the Industrial Accelerator Act, means that the industrial property sector is not merely a side issue, but is fundamental to our economic future. Analysed by Craig Wright Europe’s industrial resurgence is not a belated revelation. As those who know me can attest, I have long been an advocate of this sector, and for good reason: it is one of the few…


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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Euronext considering setting up pan-European market for unlisted securities to compete with London Stock Exchange

Reported by the Consejeros Editorial Team Euronext is considering the possibility of creating a pan-European market for unlisted securities with the aim of competing with the London Stock Exchange Group in attracting small, private and fast-growing companies, according to a report published yesterday by Bloomberg, citing sources familiar with the matter. This platform would enable companies to raise new funds and shareholders to sell their holdings, thereby differentiating itself from…


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Experts surveyed by EY call for Europe to boost competitiveness against China and endorse Spain’s resilience in 2026

The latest ‘Quarterly Economic Pulse’ report from EY Insights advocates strengthening the single market and innovation in the face of escalating tariffs, forecasting GDP growth of up to 2.5 per cent for Spain. Reported by the Consejeros Editorial Team The European Union must focus its efforts on internal competitiveness, the integration of the single market and the reduction of regulatory burdens to successfully meet the economic challenge posed by China….


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More than a dozen European countries experiencing decline in workforce

According to a report by PlayersTime, the European labour market is undergoing restructuring, laying the foundations for future growth. Whilst Germany is losing half a million people of working age, the UK is gaining 590,000. Analysis by Consejeros Editorial Team Whilst many European countries are struggling to maintain employee productivity amidst summer heatwaves and nationwide strikes, some nations appear to be quietly running out of labour. A recent report by…


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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…