Publications

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

In May 2025, global trade stabilizes, with Asia leading and Europe remaining stagnant. Latin America loses momentum, except for Peru. Mexico stands out in the U.S. despite tensions, while Canada diversifies. Trade flows remain resilient but moderate amid rising uncertainty and new trade barriers

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

The CPI rose by 0,13% m/m in June, broadly in line with analysts’ consensus. As a result, year-on-year inflation remained at 1,7%, comfortably within the Central Bank’s target range. Core inflation, which excludes food and energy, on the other hand, declined and also stood at 1,7%.

The impact of geopolitical risks on economic phenomena is undeniable, and demand for research in this field is steadily increasing from governments, regulators, the private sector and multilateral institutions.

Oil prices have experienced high volatility this year. Lower global demand and increased supply from OPEC+ have driven a bearish trend, which was recently interrupted by tensions between Israel and Iran. The outlook remains uncertain, especially concerning a potential blockade of the Strait of Hormuz.

We identify the main drivers of key financial market asset price dynamics, including the Euro-dollar exchange rate and the Bund-US Treasury yield spread, using a sign-restricted SVAR model. The model also facilitates the extraction of a high frequency global macro-financial conditions indicator.

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.