Analysing the tightness in the US labour market International economy Ricard Murillo Gili March 10th, 2023
Financial Markets Daily Report 30 March 2023 Investors traded with a risk-on mood on Wednesday. The main drivers were a rally in tech stocks, boosted by the restructuring plans from China’s Alibaba Group, as well as receding fears of contagion from the banking turmoil. 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 Ariadna Vidal Martínez Lead economist Javier García Arenas Senior economist Jaume Servert Banegas Research assistant Alberto Graziano Senior Data Scientist Jesús Viscarri Organization Patricia Esteban Communication Adrià Morron Salmeron Lead economist Meet us Imelda Esteban Senior economist Enric Fernández Chief Economist Eduard Alcobé Garcia Data scientist José Ramón Díez Head of International Economies and Financial Markets Carolina Cruz Organization María Suárez Marañón Research assistant Javier Ibáñez de Aldecoa Fuster Economist Meet us Ricard Murillo Gili Economist José Antonio Sánchez Palomino Data scientist Mireia Crusells Analyst Léopold Jouven Analyst Luís Pinheiro de Matos Economist Oriol Carreras Baquer Senior economist Ana Rincón García Organization Meet us Ana María Porras Organization Rita Sánchez Soliva Economist Beatriz Villafranca Serrano Economist Oriol Aspachs Spanish Economy Director Maitane Lizarraga Analyst Roser Ferrer Senior economist Pedro Álvarez Ondina Economist Meet us Sandra Jódar Rosell Director of Strategic Planning Judit Montoriol Garriga Lead economist Mar Bisquert Perles Data scientist Nuria Bustamante Lead economist Antonio Montilla Senior economist Sergio Díaz Economist Josep Mestres Domènech Senior economist 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
