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    May 24, 2019

    Portugal economic outlook and its long-run challenges

    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

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    May 24, 2019

    Market Comment | Markets cap a rough week with modest gains

    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.

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    May 24, 2019

    Financial Regulation: Weekly Update. 24 May

    Weekly update with most relevant news on financial regulation:

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    May 23, 2019

    Mexico | Fiscal space is limited

    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.

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    May 23, 2019

    Market Comment | Risk-off mood prevails in financial markets

    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

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    May 23, 2019

    Global | Growth gained momentum in early 2019, but protectionism is a threat

    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.

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    May 23, 2019

    The territorial dynamics of income in Spain 1955–2016: an initial approximation

    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).

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    May 22, 2019

    Market Comment | US-China Tech confrontation brings back a cautious tone

    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.

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