alert_serviceYour space user_add New user

Forgot your password?
Stay logged in to leave
Publication date
From
To
Catalog Icon

Spain Economic outlook with a view on the real estate sector

By

The world economy continues to improve, albeit within an environment in which risks are still present. In Spain, current activity trends confirm that growth remains strong. We expect GDP growth to remain around 3,0% in 2017 and 2018 (2,7%). Housing demand is picking up, as prices have stabilized or even increased significantly in certain regions.

Available in English

Catalog Icon

The internationalisation and digitalisation of the portuguese economy

By , , , , ,

Dual economy in which many firms do not promote the accumulation of human capital,innovation and trade in international markets. The size of firms and its determinants, product market regulations and the environment for doing business are of paramount importance. All this in a more globalised world economy undergoing an unprecedented and disruptive technological revolution

Geographies:Portugal

Available in English

Catalog Icon

Presentation Brazil Economic Outlook. Second quarter 2017

By

Activity indicators suggest that the economy started to grow again in 1Q17 after having contracted for eight consecutive quarters. We expect GDP to grow by 0.9% in 2017 and by 1.8% in 2018. The approval of a social security reform would allow the government to adjust public expenditure and meet the new fiscal rule, and therefore to consolidate the prospects of recovery.

Available in Spanish, English

Catalog Icon

China | Banking monitor

By

Macro-environment: Growth rebounds while markets under stress. Chinese banks performance: Still weak in 2016. Shadow banking system: Too big; too risky. Regulations outlook: Squeeze until you surrender

Available in English

Catalog Icon

Turkey | Monthly Banking Monitor. April 2017

By , ,

Thanks to public guarantees by the Credit Guarantee Fund, total credit growth of the Turkish banking sector surpassed Central Bank’s comfort target threshold of 15% reaching 15.9% YoY. Deposit interest rates increased further by 50 bps in April as a by-product of this increased momentum in especially commercial credits.

Units:
Geographies:Turkey

Available in English

Catalog Icon

Presentation U.S. Economic Outlook 2Q17

By

Economy at or near full employment. GDP growth will remain on a sustainable path. Investment gaining traction. Upward price pressures from energy and housing expected to moderate going forward. Fed more comfortable as economic indicators align with their views. Gradual policy normalization will continue. Two more 25bp rate increases in 2017

Available in Spanish, English

Catalog Icon

Presentation Peru Economic Outlook. Second quarter 2017

By , , , , ,

We have revised our growth projection for this year by a percentage point to 2.5%. This adjustment reflects the fact that the three local risks we indicated in our February report have finally materialised: the weather problems continued, the delay in the major infrastructure construction projects continued and finally, business confidence dropped even further.

Units:
Geographies:Peru Latin America

Available in Spanish, English

Catalog Icon

Turkey | Monthly Economic Monitor. April 2017

By

Turkish lira appreciated mostly on local factors. Foreseeing a rising trend in inflation, the CBRT’s front-loaded tightening in April held the Turkish lira firm. On the activity side, ongoing fiscal stimulus, strong support through exports and credit growth helped GDP growth continue to be moderate in 1Q as well.

Available in English

Catalog Icon

U.S. | Interest Rates Chartbook. April 2017

By

Per the March meeting minutes, FOMC members have discussed a phased-out approach to ceasing the balance sheet reinvestment policy – to reduce “the risks of triggering financial market volatility” and avoiding a rebirth of the taper," to remain committed to acting “passive and predictable,” and to communicate “to the public well in advance of an actual change”

Available in English

Catalog Icon

Colombia Economic Outlook. Second quarter 2017

By , , , ,

World growth continues apace. The Colombian economy will grow slightly faster than it did in 2016. 2016 saw a healthy and significant adjustment to the current account. Inflation shakes off supply-side shocks and ratifies its sharp fall. The Banco de la República has embarked on a downward rate cycle.

Available in Spanish, English

Catalog Icon

Presentation Spain Economic Outlook. Second quarter 2017

By

The world economy continues to improve, albeit within an environment in which risks are still present. In Spain, current figures confirm the upward bias. Thus 2017 GDP growth forecast has been revised to 3%, while we have maintained unchanged the 2.7% for 2018. There are no major changes in the fundamentals of growth.

Geographies:Spain

Available in Spanish, English

Catalog Icon

Presentation Latin American Economic Outlook. Second quarter 2017

By

The downturn in Latin America ends. Growth is expected to increase from -1.4% in 2016 to 1.1% in 2017 and 1.8% in 2018. The recovery in Argentina is taking hold and Brazil leaves the recession behind.

Geographies:Latin America

Available in Spanish, English

Catalog Icon

Turkey | Monthly Banking Monitor. March 2017

By

Total credit growth rate of the Turkish banking sector improved remarkably in March and reached 14% y-o-y. The annual rate accelerated to 26% signalling further growth for the coming months in the Y-o-Y rate. Net profit of the sector increased m-o-m by almost 30%. Net profit of public banks increased more than private banks.

Available in English

Catalog Icon

Turkey | Monthly Economic Monitor. March 2017

By

Global factors were supporting for Turkish Lira. Similar to EMs, Turkish bond market incurred inflows during March. Our monthly GDP indicator suggests continuum of V-shaped GDP growth recovery in 1Q17, following 4Q16’s above-expectations growth. Inflationary pressures will remain in the short term as exchange rate pass through and base effects on food will be pushing.

Available in English

Catalog Icon

Big Data at BBVA Research

By

Big Data analysis at BBVA Research. Digital revolution and the new business environment. Big data and education: challenges and opportunities

Available in English

Catalog Icon

U.S. | Interest Rates Chartbook. March 2017

By

The FOMC has raised the Fed funds rate for the third time since the start of the policy rate normalization cycle in 2015. The Committee has also reinforced its commitment to the gradual Fed funds rate increase in line with their projections of an additional two rate increases planned for 2017

Available in English

Catalog Icon

Financial Inclusion in Paraguay. March 2017

By

An inclusive financial system maximizes usage and access, while minimizing the barriers for financial inclusion (as a proxy of quality). The Multidimensional Index for Financial Inclusion (MIFI) computes the degree of inclusiveness of a financial system across economies and over time

Available in Spanish, English

Catalog Icon

Digital Context: Paraguay

By

Paraguay has room for improving in terms of the Digitization Index, particularly on affordability and content dimensions. Paraguay almost duplicates Internet use between 2011 and 2014, but it is still lower than other Latin American countries

Available in Spanish, English

Catalog Icon

China consumption trends 2017

By

China has rapidly transitioned from a predominantly lower-middle class society to a middle, upper-middle and Affluent class society over past decade. Recent years have seen rising disposable incomes for high-income Chinese households, boosting demand for high value products – A visible shift from mass to premium.

Available in English

Catalog Icon

U.S. | Auto industry chartbook (March 2017)

By , ,

Solid employment growth, stable gasoline prices and low interest rates contributed to robust vehicle sales through the end of 2016. Demand continues to be biased towards light-trucks and away from cars. Auto lending remains healthy, but this could be impacted by future interest rate hikes.

Available in English

Spanish banks data
Geostrategy
Digital economy
Financial regulation
Market Comment
Mexico publications
Spain publications
USA publications
Europe publications
Anuari 2016
Working Papers
Multimedia