CaixaBank Financial Markets Daily Report 19 April 2024 In yesterday’s session financial markets traded on the diverging outlook between the Federal Reserve and the ECB. Fed officials highlighted that inflation seems to have gotten stuck in the US and so they are in no rush to cut rates, while ECB members all pointed to June as the month they are looking at to lower interest rates. Financial markets outlook Financial markets set their sights on summer The postponement of interest rate cut expectations that had begun in February extended to March, with investors consolidating the idea that the central banks are not in such a hurry to relax financial conditions so soon. CaixaBank Research 12 April 2024 Portugal outlook The Portuguese economy kicks off 2024 better than expected The indicators for Q1 suggest that economic activity is more buoyant than expected, and that GDP growth in the first quarter could exceed our forecast of 0.4% quarter-on-quarter. CaixaBank Research 11 April 2024 Spain The medium-term potential growth of Spain’s GDP Oriol Carreras Baquer 12 April 2024 Portugal Challenges and outlook for Portugal’s public debt:reflections on the withdrawal of the ECB Vânia Duarte 11 April 2024 Spain Extremadura 10 April 2024 Spain Madrid AC 07 July 2023 International France 03 April 2024 International Germany 03 April 2024 Publications Monthly Report April 2024 | No. 488 15 April 2024 Spain Spain’s Macroeconomic & Financial Outlook 10 April 2024 Portugal Portugal’s Macroeconomic & Financial Outlook 10 April 2024 Sectorial Report Real Estate. Improved outlook for Spain’s real estate sector S1 2024 Sectorial Report Tourism. Spain’s tourism industry: dynamism in 2023, strength in 2024 1S 2024 Sectorial Report Agrifood. The sector is making headway despite adverse conditions 2023 Sectorial Report Manufacturing Industry 2023 Opinion Editorial The two sides of the Spanish economy Oriol Aspachs Spanish Economy Director Key points of the month The central banks make moves José Ramón Díez Head of International Economies and Financial Markets Recommended World outlook The international economy, waiting for rate cuts CaixaBank Research 15 April 2024 Oil Oil in the «era» of decarbonisation Beatriz Villafranca Serrano 15 April 2024 Activity & growth An exceptional year for the catering sector in Spain Pedro Álvarez Ondina Alberto Graziano 15 April 2024 Interest rates The income balance suffers at the hand of the rate hikes Erik Solé Vives 15 April 2024 Spain The Spanish economy continues to reduce its foreign debt Sergio Díaz 15 April 2024 Digitalisation & Technology Innovation in Spain: somewhat below the EU Javier García Arenas 15 April 2024 Spain's outlook The Spanish economy remains resilient in a challenging environment CaixaBank Research 15 April 2024 Economic cycle The perception of the economy and its paradoxes CaixaBank Research 15 April 2024 Financial markets outlook Financial markets set their sights on summer CaixaBank Research 12 April 2024 Most read An exceptional year for the catering sector in Spain Oil in the «era» of decarbonisation Innovation in Spain: somewhat below the EU The perception of the economy and its paradoxes The two sides of the Spanish economy Newsletter Being informed now is more important than ever Get our latest updates Sign in Hot topics Inflationary pressures Digitalisation & Technology Podcasts Los misterios del PIB y su relación con la innovación en España 19/04/2024 Forecasts Financial markets Update date 10-04-2024 Macroeconomic Update date 10-04-2024 Team Oriol Carreras Baquer Senior economist José Antonio Sánchez Palomino Data scientist Josep Mestres Domènech Senior economist Erik Solé Vives Research assistant Pedro Álvarez Ondina Economist David del Val Senior economist Javier García Arenas Senior economist Meet us Isabela Lara White Research assistant Alberto Graziano Senior Data Scientist Adrià Morron Salmeron Lead economist Rita Sánchez Soliva Economist Ana María Porras Organization Roser Ferrer Senior economist Patricia Esteban Communication Meet us Eduard Alcobé Garcia Data scientist Sandra Jódar Rosell Director of Strategic Planning Sergio Díaz Economist Carolina Cruz Organization Jesús Viscarri Organization Ariadna Vidal Martínez Lead economist Nuria Bustamante Lead economist Meet us Beatriz Villafranca Serrano Economist Mireia Crusells Analyst Léopold Jouven Analyst Judit Montoriol Garriga Lead economist Oriol Aspachs Spanish Economy Director Zoel Martín Vilató Economist Ana Rincón García Organization Meet us Enric Fernández Chief Economist Imelda Esteban Senior economist José Ramón Díez Head of International Economies and Financial Markets Mar Bisquert Perles Data scientist Javier Ibáñez de Aldecoa Fuster Economist David Cesar Heymann Economist Martín Villarán Research assistant Meet us Luís Pinheiro de Matos Economist Maitane Lizarraga Analyst Ricard Murillo Gili Economist Meet us
Financial markets outlook Financial markets set their sights on summer The postponement of interest rate cut expectations that had begun in February extended to March, with investors consolidating the idea that the central banks are not in such a hurry to relax financial conditions so soon. CaixaBank Research 12 April 2024
Portugal outlook The Portuguese economy kicks off 2024 better than expected The indicators for Q1 suggest that economic activity is more buoyant than expected, and that GDP growth in the first quarter could exceed our forecast of 0.4% quarter-on-quarter. CaixaBank Research 11 April 2024
Portugal Challenges and outlook for Portugal’s public debt:reflections on the withdrawal of the ECB Vânia Duarte 11 April 2024
Activity & growth An exceptional year for the catering sector in Spain Pedro Álvarez Ondina Alberto Graziano 15 April 2024
Interest rates The income balance suffers at the hand of the rate hikes Erik Solé Vives 15 April 2024
Digitalisation & Technology Innovation in Spain: somewhat below the EU Javier García Arenas 15 April 2024
Spain's outlook The Spanish economy remains resilient in a challenging environment CaixaBank Research 15 April 2024
Financial markets outlook Financial markets set their sights on summer CaixaBank Research 12 April 2024