Results for: Markets research

Se acerca el fin de las vacaciones estivales y los mercados han vivido semanas de alzas y caídas, aunque con un tono positivo.

The arrival of August, the quintessential vacation month, usually marks a turning point in market activity. Alberto Matellán, Chief Economist at MAPFRE Inversión, gives a positive overview of the first half.

The recovery of the global economy depends on how the COVID-19 pandemic evolves. Despite the slight upward trend in global cases, recent news about COVID-19 has been very positive, with global case figures approaching the lows recorded in March.

Compared with the first quarter of 2021, when the Georgia Senate runoff elections secured Democratic control of Congress (via the vice-presidential tiebreaker), protestors descended on the Capitol Building, and Archegos Capital imploded, the second quarter of 2021 was tranquil.

After several weeks of bullish markets, the Spanish index has fallen almost 6 percent in the last five sessions.

Little by little, the world economy seems to be seeing the light at the end of the tunnel. Progress with vaccinations and the relaxation of the harshest restrictions have partly opened up economic activity and allowed certain sectors that have been severely affected in recent months to stabilize.

Looking at the early months of the year, emerging countries—and more specifically those in Latin America—have experienced a decline in equities, along with significant exchange rate depreciation and concerns over widening sovereign spreads.

At the height of the summer season, investors appear to be dragging their heels. Alberto Matellán, Chief Economist at MAPFRE Inversión, believes that a change of sentiment is brewing.

The publication of the ECB's new strategy yesterday came as no surprise. The impact on markets has been minimal because it had been so clearly anticipated. But, even so, there are some interesting reflections for the future of asset classes.