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Our GDP growth forecast for Portugal has been slightly revised downwards to 1.5% 2019. The Portuguese economy must successfully face many long-term challenges to seize the opportunities of the digital revolution
Major global equity indices advanced today, reflecting investor appetite for risk assets, but not enough to salvage a tumultuous week battered by intensifying trade tensions, lackluster activity data and increased uncertainty on Brexit trajectory following UK PM May’s decision to quit.
May 23, 2019
How much fiscal space does the country have? Is it possible to borrow more to support Pemex or to cope with a possible recession with a countercyclical fiscal expansion? In order to answer these questions, it is necessary to analyze Mexico's public debt profile.
Safe-haven bond yields continued to trend lower, dragged by the ongoing US-China trade strains, alongside the release of a gloomy business survey in Europe and increasing anxiety over a no-deal Brexit
Up to March hard data was mixed: retail sales are still strong, but contrast with the weakness of industrial sector and global trade. Soft data slid again in April: manufacturing confidence remains gloomy, while services PMIs fell in DM and EM increasing concerns about contagion effects from trade and manufacturing.
This work marks the start of a series of projects that will analyse the evolution of GDP per capital in Spain's autonomous communities and its determining factors, using the related series of regional income and employment found in the RegData database described by De la Fuente (2017).
Financial markets trade in a cautious fashion, as investors wait for new developments in the US-China trade dispute, amid the US mulling over whether or not to add five new Chinese technology firms to a blacklist. The lack of support of May’s new Brexit plan also increase the risk-off mood.