Oriol Aspachs, Director de Estudios de CaixaBank Research, participó el 18 de noviembre en el XII Encuentro Retail de CaixaBank Payment & Consumer, analizando las perspectivas económicas globales, de España y del consumo.
Search at CaixaBank Research
Search results
454 results found for covid
Nuestro Economista jefe comparte las perspectivas de la economía española para el año 2021, en este vídeo para los Accionistas de CaixaBank.
El acuerdo “last-minute” entre la UE y el Reino Unido y sus implicaciones sobre el comercio, la situación y perspectivas económicas de EE. UU. y la esperanza de que la COVID-19 nos haga afrontar definitivamente el cambio climático son algunos de los temas que destaca Clàudia Canals en nuestro primer podcast de 2021.
Al conocerse ya los datos del PIB del 1T 2021 para muchas economías, se confirma que este año podrá leerse en dos capítulos: el de la expansión y el de la contención. Este mes destacan también las reuniones de la Fed y el BCE, los nuevos anuncios de planes fiscales y los riesgos de sobrecalentamiento en EE. UU. y el envío del plan de recuperación de España. Además, el análisis de datos internos revela el impacto de la crisis de la covid en términos de consumo e ingresos entre las generaciones y, una vez más, los jóvenes son los más perjudicados.
Dossier
NGEU European Funds: the spring board for the digital leap
Dossier
Democracies in times of pandemic
The COVID-19 pandemic has highlighted the importance of the agrifood sector as a mainstay of the Spanish economy. During the months of lockdown, the entire food chain (which includes farmers, breeders, fishermen, cooperatives and the food industry, wholesalers, retailers, distributors and logistics operators) had to adapt quickly to secure the population's food supply. In retrospect, it is only fair to acknowledge the excellent response by the whole sector in tackling this challenge.
El 9 de febrer tres dels nostres economistes van compartir amb #AmicsdelPaís les “Perspectives econòmiques per al 2021, un any de canvi” de CaixaBank Research en un seminari online que reproduïm en aquest vídeo.
The outbreak of the pandemic in early 2020 has had unprecedented repercussions in many areas of the economy. One of these has been household consumption, the main component of GDP and traditionally considered an indicator of the health of the economy and the well-being of society. Because of the restrictions on business and travel during the health crisis caused by COVID-19, the drop in consumption was much greater than during previous crises. The positive side is that once restrictions were lifted, Spain’s consumption has rebounded more sharply in 2021 than in the past.
Financial markets extended gains on Tuesday as investors continued to bet that the ongoing economic recovery could sustain the spike in COVID infections across the world.
Over the past few years, Spain's manufacturing industry has managed to avoid the worst scenarios of a slump in activity (COVID, bottlenecks, energy crisis). However, in 2023 it faces new challenges: the impact of higher interest rates, the effects of supply problems with certain inputs and rising production costs.
After the sharp downturn in the sector caused by the pandemic, the recovery of international tourism in Spain can now be considered almost complete. Among the world’s top 10 tourism destinations, Spain was the second to exceed its number of pre-COVID international tourists, behind only Türkiye.
Markets continued to exhibit a mixed performance as investors weighed data releases and increasing COVID-19 infections. European stocks and sovereign yields declined after euro area industrial production had posted a lower-than-expected rebound in May (+12.4% mom and -20.9% yoy). Yet, in FX markets the euro rose towards $1.14.
Positive developments around a potential COVID-19 vaccine fueled a risk-on mood in yesterday's session. Stocks rose across advanced and emerging economies and, in the U.S., shares of Moderna - a company working on a vaccine - surged close to 7% after a small-scale study showed its experimental vaccine produced high levels of antibodies.
In the first session of the week, investor sentiment improved as promising trial results from a potential COVID-19 vaccine renewed investor's hopes.
Financial markets started the week with a mixed session. In Europe, investors traded with a risk-off mood while in the US riskier assets benefited from progress in the negotiations for a new fiscal stimulus package and hopes for a COVID-19 vaccine.
Markets started the week showing greater risk appetite as the World Health Organization listed AstraZeneca and Oxford University’s COVID-19 vaccine for emergency use. Stocks rose across advanced and emerging economies, the USD weakened moderately and commodity prices edged up. U.S. markets were closed for the Presidents day holiday.
COVID-19 is having a huge impact on economic activity in Spain and, in particular, on the tourism industry. At CaixaBank Research we expect GDP to fall by between 13% and 15% in 2020, not returning to its pre-crisis levels until 2023. The outlook in 2020 is even grimmer for Spain's tourism industry as it is one of the sectors hardest hit by the pandemic.