Gold: the shiniest asset
We examine the dynamics that have led to the gold rally, as well as the factors that influence the gold price in both the long and the short term, most notably the role central banks play in purchases of this precious metal.
16 May 2025
The scene after the storm
100 days after Donald Trump’s inauguration as US president and five weeks following the announcement of the tariff hikes, there is a feeling of tense calm in the economy and the financial markets, as we wait to see how the negotiations between the major trading blocs…
15 May 2025
Financial markets embrace the tariff pause
Risk appetite recovers, following the spike in volatility at the beginning of April. However, the divergence between the central banks’ strategies is accentuated. Meanwhile, sovereign yields return, broadly speaking, to the levels of March and the stock markets recover…
The Spanish economy weathers the uncertainty storm
In these first few months of the year, Spain’s GDP has continued to grow at a significant rate, although the gap between the services and industrial sectors persists. Job creation is gaining traction, while inflation continues to decline, driven by the fall in energy…
Editorial
Key points of the month
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