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December 2015| No. 396DossierOutlook 2016Content available in catalan spanish Print Download File Editorial The Spanish economy in 2016 Jordi Gual Key points of the month A positive end to the year Forecasts and indicators ForecastsKey indicators financial marketsKey indicators international economyKey indicators European UnionKey indicators Spanish economy Financial markets Economic outlook Reflection by the stock markets before the interest rate hikes Focus Is the tide turning for the US stock market? Focus A federal funds rate hike: this time is different International economy Economic outlook Expansion continues in the US while China holds firm Focus Is Turkey still a fragile emerging economy? Focus The impact of China on commodities European economy Economic outlook The euro area retains its tone in spite of global risks Focus Why is the euro area growing less than the US? Focus Quantitative Easing: the ECB is going shopping Spanish economy Economic outlook A good end to the year for the Spanish economy Focus Inflation expectations for 2016: rising Focus An analysis of the employability of Spain's labour force Focus External vulnerability and valuation effects DossierOutlook 2016 Focus Political challenges on the horizon for the advanced countries Josep Mestres Domènech Focus Outlook and doubts for the emerging economies Clàudia Canals Focus 2016: challenges and opportunities in a demanding global financial environment Carlos Martínez Sarnago Focus The recovery in Spain: a qualitative step forward Judit Montoriol Garriga
Focus 2016: challenges and opportunities in a demanding global financial environment Carlos Martínez Sarnago