María Martínez |

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María Martínez

Principal economist for Global economics
BBVA Research

Maria Martinez obtained a Master’s in Quantitative Finance at the Escuela de Finanzas Aplicadas (AFI) and a Master´s in Economics and Finance at Universidad Complutense de Madrid. She obtained her degree in Economics at Universidad de Oviedo.

She joined BBVA Research in 2009, and she is currently Principal Economist in the Financial Global Markets Unit. Prior to this position she was a Research Assistant in the Financial Stability Department at the Bank of Spain and an analyst and consultant in the Transfer Pricing Department in KPMG.

Latest publications

Global | The dollar regains its footing

August 21, 2026

In 2026, the dollar reversed its initial weakness, strengthening on expectations of a more hawkish Fed, tensions in the Middle East, and capital flows into the U.S. driven by the AI boom.

Europe | Hawkish pause sets the stage for a September hike

July 23, 2026

The ECB kept the deposit rate unchanged at 2.25% following a unanimous decision. Lagarde adopted a hawkish tone, stressing that the energy shock has yet to fully feed through the economy. With more data available by September, the next move will depend on whether energy and geopolitical pressures persist over the summer.

Europe | ECB hikes, yet remains untied

June 11, 2026

The ECB responded to the worsening inflation outlook with a 25bp rate hike, but kept all options open for the months ahead. The key message was that the shock can no longer be viewed as temporary, although there is still no clear evidence of second-round effects.