Analysing the tightness in the US labour market International economy Ricard Murillo Gili March 10th, 2023
Financial Markets Daily Report 31 March 2023 Equity markets extended a rally across the globe on Thursday, as investors continued to switch their focus away from the stress in the banking sector and instead pondered about the likely path of monetary policy decisions ahead. view United States of America Analysing the tightness in the US labour market We analyse the stress in the labour market of the largest economy in the world: are there more companies wanting to hire or fewer workers? Most importantly, how can job supply and demand be rebalanced? Ricard Murillo Gili 10 March 2023 Currencies On the round trip movement of the (king) dollar Between the end of September and the end of February, the US dollar depreciated by 6% in effective nominal terms and by 10% against the euro, trading at close to 1.07, a level not seen for almost a year. We explore what lies behind this change of trend and whether it is… Antonio Montilla 10 March 2023 Currencies The appreciation of the dollar and American and European interest rates The US interest rates have risen steadily and significantly, galvanised by the Federal Reserve’s rapid and aggressive monetary tightening policies. However, this does not necessarily mean that US bonds are more attractive than their European counterparts. A key factor in… 14 March 2023 Spain Balearic Islands 24 March 2023 NGEU Next Generation EU funds: current status and how they affect you Javier García Arenas 13 March 2023 Tourism The Spanish tourism sector, off to a strong start in 2023 Javier Ibáñez de Aldecoa Fuster 13 March 2023 Consumption Electricity and gas in 2022: the impact of energy bills on Spanish households Josep Mestres Domènech 13 March 2023 Inflation Inflation base effects in 2023: are they important? Oriol Carreras Baquer Javier Ibáñez de Aldecoa Fuster 14 March 2023 International France 10 March 2023 Publications Monthly Report March 2023 | No. 476 14 March 2023 Spain Spain's Macroeconomic & Financial Outlook 08 March 2023 Portugal Portugal's Macroeconomic & Financial Outlook 07 February 2023 Sectorial Report Real Estate. A change in trend for the real estate sector 1S 2023 Sectorial Report Tourism. Spain’s tourism sector, in an advantageous position 2S 2022 Sectorial Report Agrifood. The sector is suffering the consequences of the war in Ukraine 2S 2022 Sectorial Report Real Estate. The upward trend in house prices will tend to moderate 2nd Semester 2022 Sectorial Report Manufacturing Industry 2022 Spain CaixaBank Sectoral Digitalisation Index 2020 20 July 2021 Opinion Editorial Growth of the Spanish economy: quantity and quality? Oriol Aspachs Spanish Economy Director Key points of the month From soft landing to no landing: interest rates higher for longer José Ramón Díez Head of International Economies and Financial Markets Recommended Currencies The appreciation of the dollar and American and European interest rates 14 March 2023 Inflation Inflation base effects in 2023: are they important? Oriol Carreras Baquer Javier Ibáñez de Aldecoa Fuster 14 March 2023 Consumption Electricity and gas in 2022: the impact of energy bills on Spanish households Josep Mestres Domènech 13 March 2023 Tourism The Spanish tourism sector, off to a strong start in 2023 Javier Ibáñez de Aldecoa Fuster 13 March 2023 NGEU Next Generation EU funds: current status and how they affect you Javier García Arenas 13 March 2023 Spain's outlook The Spanish economy, off to a good start to the year 13 March 2023 World outlook Cautiously optimistic about the international economy 10 March 2023 Financial markets outlook The markets anticipate further interest rate hikes 10 March 2023 Portugal Tourism, the driving force of the Portuguese economy 10 March 2023 Newsletter Being informed now is more important than ever Get our latest updates Sign in Hot topics Economic impact of the war in Ukraine Inflationary pressures and energy crisis Monetary and fiscal policy Covid-19 Long-term trends Real-Time Economics Climate change & green transition Digitalisation Macrofinance Videos Política monetaria Expectativas de tipos de interés Adrià Morron Salmeron / 16/02/2023 Podcasts Análisis de coyuntura Del aterrizaje suave al no aterrizaje, pasando por la intervención del SVB Ricard Murillo Gili, Patricia Esteban / 17/03/2023 00:00 Forecasts Financial markets Interest rate (%) Update date 13-03-2023 /en/indicators-and-forecasts/forecasts-financial-markets Macroeconomic GDP (%) Update date 13-03-2023 /en/indicators-and-forecasts/macroeconomic-forecasts Team Nuria Bustamante Lead economist María Suárez Marañón Research assistant Imelda Esteban Senior economist Patricia Esteban Communication José Ramón Díez Head of International Economies and Financial Markets Enric Fernández Chief Economist Javier García Arenas Senior economist Meet us Antonio Montilla Senior economist Pedro Álvarez Ondina Economist Alberto Graziano Senior Data Scientist Mar Bisquert Perles Data scientist Oriol Carreras Baquer Senior economist Mireia Crusells Analyst Jaume Servert Banegas Research assistant Meet us Sandra Jódar Rosell Director of Strategic Planning Carolina Cruz Organization Rita Sánchez Soliva Economist Javier Ibáñez de Aldecoa Fuster Economist Beatriz Villafranca Serrano Economist Ana Rincón García Organization Ariadna Vidal Martínez Lead economist Meet us Maitane Lizarraga Analyst Oriol Aspachs Spanish Economy Director Ricard Murillo Gili Economist Luís Pinheiro de Matos Economist José Antonio Sánchez Palomino Data scientist Jesús Viscarri Organization Ana María Porras Organization Meet us Josep Mestres Domènech Senior economist Judit Montoriol Garriga Lead economist Eduard Alcobé Garcia Data scientist Roser Ferrer Senior economist Adrià Morron Salmeron Lead economist Sergio Díaz Economist Léopold Jouven Analyst Meet us Print
United States of America Analysing the tightness in the US labour market We analyse the stress in the labour market of the largest economy in the world: are there more companies wanting to hire or fewer workers? Most importantly, how can job supply and demand be rebalanced? Ricard Murillo Gili 10 March 2023
Currencies On the round trip movement of the (king) dollar Between the end of September and the end of February, the US dollar depreciated by 6% in effective nominal terms and by 10% against the euro, trading at close to 1.07, a level not seen for almost a year. We explore what lies behind this change of trend and whether it is… Antonio Montilla 10 March 2023
Currencies The appreciation of the dollar and American and European interest rates The US interest rates have risen steadily and significantly, galvanised by the Federal Reserve’s rapid and aggressive monetary tightening policies. However, this does not necessarily mean that US bonds are more attractive than their European counterparts. A key factor in… 14 March 2023
NGEU Next Generation EU funds: current status and how they affect you Javier García Arenas 13 March 2023
Tourism The Spanish tourism sector, off to a strong start in 2023 Javier Ibáñez de Aldecoa Fuster 13 March 2023
Consumption Electricity and gas in 2022: the impact of energy bills on Spanish households Josep Mestres Domènech 13 March 2023
Inflation Inflation base effects in 2023: are they important? Oriol Carreras Baquer Javier Ibáñez de Aldecoa Fuster 14 March 2023
Sectorial Report Real Estate. The upward trend in house prices will tend to moderate 2nd Semester 2022
From soft landing to no landing: interest rates higher for longer José Ramón Díez Head of International Economies and Financial Markets
Inflation Inflation base effects in 2023: are they important? Oriol Carreras Baquer Javier Ibáñez de Aldecoa Fuster 14 March 2023
Consumption Electricity and gas in 2022: the impact of energy bills on Spanish households Josep Mestres Domènech 13 March 2023
Tourism The Spanish tourism sector, off to a strong start in 2023 Javier Ibáñez de Aldecoa Fuster 13 March 2023
NGEU Next Generation EU funds: current status and how they affect you Javier García Arenas 13 March 2023
