February 2025 | No. 497

February 2025 | No. 497

Editorial

Trump agenda: a question of balance

José Ramón Díez

Key points of the month

2024: a year to remember
Oriol Aspachs

Forecasts and indicators

Forecast and indicators - February 2025

Financial markets

Ups and downs in the financial markets
CaixaBank Research
China and the stockpiling of commodities: strategy or growth?
Beatriz Villafranca Serrano

International economy

Surprises, disappointments and uncertainties in the international economy
CaixaBank Research
Measuring Trump 2.0’s fiscal room for manoeuvre
Isabela Lara White

Spanish economy

The Spanish economy ended 2024 on a strong note and faces 2025 with optimism
CaixaBank Research
Employment stability improves in Spain
Nuria BustamanteSergio Díaz
2025 Treasury strategy in a context of reduction of Spain’s public deficit
Javier García Arenas
New forecasts for the Spanish real estate sector: the expansionary cycle takes hold in 2025
Judit Montoriol Garriga

Portuguese economy

The Portuguese economy gains strength in Q4 2024
CaixaBank Research

Forecast and indicators - February 2025

11 February 2025