By BBVA Research

Financial markets remained cautious. The focus continued on US-China trade talks following yesterday's rumours about the US rejection of pre-talks ahead of high-level meetings next week. However, the information has been denied by both sides. The Brexit issue also came into the limelight with the possibility of a delay, while the Davos forum continues.

By BBVA Research

Cautious tone returned to financial markets amid the latest news about a formal US request for extradition from Canada of the finance chief of Huawei, which threatens to heighten US-China trade tensions. Moreover, the World Economic Forum in Davos started its first day with some important leaders missing, notably US President Trump.

By BBVA Research

Markets were little changed in a low volume trading session as US markets were closed. Today’s release of China’s 4Q18 GDP (early this morning) along with the release of May’s “plan B” on Brexit this afternoon will focus the market’s attention. The ECB meeting next Thursday, the World Economic Forum at Davos and multiple releases of economic data will be other key events

By BBVA Research

Markets were in a positive mood for the second week in a row. Recent news of further US-China trade talks by late January, coupled with China’s latest measures to boost its economy were the main drivers. The rejection of May’s Brexit plan and the vote of confidence that May was able to win have had only a mild impact on markets so far, awaiting for a Brexit "plan B”.

By BBVA Research

The positive tone in financial markets faded somewhat after the announcement of the US's investigation of Huawei for potential spying on US business partners, offsetting the positive effect of the announcement of further US-China trade talks that will take place on 30-31 January. Elsewhere, May managed to win the no-confidence vote, but the challenging context remained

By BBVA Research

Positive tone in financial markets during the second week of 2019. Last Friday strong US jobs data, and the three-day US-China trade talks helped risk assets to recover from the sharp fall in the final part of 2018. Furthermore, the release of the ECB and FOMC minutes along with plenty of Central Bank officers’ speeches were in focus.

By BBVA Research

Calm in financial markets after US-China trade talks ended yesterday without further details on key issues, but with China’s commitment to import more products from the US. Today’s lower-than-expected inflation figures in China added more doubts about the economic growth. The release of minutes from the ECB and the FOMC’s December meetings kept investors’ attention

By Rafael Doménech

The Spanish economy will have grown between 0.4% and 0.5% less in 2018 than in 2017 (+3%), with indications that the slowdown will continue in 2019, in a context of increased uncertainty.

By Miguel Jiménez

After a year (2017) that had been very positive for the world economy, especially in light of the strong recovery in international trade, the start of 2018 augured well for the year thanks to the momentum from 2017 and the cyclicalcoming together of the three major regions, USA, Europe and China.

By Victoria Santillana

In 2018, the financial regulatory reform approved after the crisis by the G20 and the Financial Stability Board (FSB) was considered virtually complete and the focus was supposed to be on implementing the reforms already initiated.

By Matías Daniel Cabrera, Willians Ruiz, Javier García

Highlights: EC publishes a set of unilateral absolute minimum contingency measures to prepare for a no-deal brexit. Several EU and UK agencies publish documents in relation to brexit. EC welcomes agreement on the NPLs package. Spanish Ministry of Finance proposes to establish a macroprudential authority. Federal Agencies proposes to soften stress testing requirements.