Global economic outlook and financial conditions: autumn 2026 Financial markets CaixaBank Research Thu, 10/15/2026 - 11:56
The wine sector’s major transformation: adapting to climate change and shifting consumer preferences Pedro Álvarez Ondina Thu, 10/15/2026 - 11:26
Financial Markets Daily Report 23 October 2026 Thursday's session carried a distinctly risk-off tone, driven by tensions in the Middle East and AI investor concerns. Brent oil surged on Saudi Arabian supply disruption fears, and TTF gas rose in tandem with oil prices. Stock markets declined across the board, further dragged by a selloff in technology equities. International Germany The German economy enjoyed a very positive first half of the year. In fact, GDP grew by 0.4% quarter-on-quarter in Q1 2026 and rose by 0.3% in Q2, despite the sharp increase in energy prices following the outbreak of war in the Middle East. 22 October 2026 Recent developments Spain: 2027 macroeconomic outlook Spain is facing the latest episode of international geopolitical tension from a position of strength, although rising energy costs, tighter financial conditions and a deteriorating international environment will keep inflation high and reduce economic dynamism. All this… Oriol Carreras Baquer 15 October 2026 United States of America Are the midterms important for Trump? And for the US? On 3 November, Americans will return to the polls to renew the entire House of Representatives and one-third of the Senate, the two chambers in which the Republican Party secured a majority in 2024. Although Donald Trump will not appear on the ballot, these elections… David Martínez Turégano 15 October 2026 Recent developments Global economic outlook and financial conditions: autumn 2026 Economic activity thus faces an outlook with higher energy prices, higher interest rates and higher inflation. At the same time, financial conditions as a whole are less restrictive than they might appear, thanks to the counterbalance provided by the strong performance of… CaixaBank Research 15 October 2026 Portugal outlook Higher growth and more inflation in Portugal CaixaBank Research 15 October 2026 Spain's outlook The Spanish economy maintains its momentum, but inflation takes centre stage CaixaBank Research 15 October 2026 World outlook The international economy withstands the shocks, for now CaixaBank Research 15 October 2026 Financial markets outlook Geopolitics and fiscal policy weigh on financial markets CaixaBank Research 15 October 2026 Tourism The high season once again attracts international tourists to Spain Pedro Álvarez Ondina 14 October 2026 United States of America Trump 2.0 immigration policies: the end of the American Dream? David Martínez Turégano 14 October 2026 Publications Monthly ReportOctober 2026 | No. 51515 October 2026 Sectorial ReportAgrifood. Cultivating the future: investment, integration and value 2026 SpainSpain’s Macroeconomic & Financial Outlook13 October 2026 PortugalPortugal’s Macroeconomic & Financial Outlook13 October 2026 Sectorial ReportSectoral Observatory S1 2026 Sectorial ReportReal Estate. Increasing supply, the great challenge of the Spanish real estate market S1 2026 Sectorial ReportTourism. Spanish tourism sector: from post-pandemic rebound to sustainable growth S1 2026 Sectorial ReportManufacturing Industry 2023 Opinion Editorial The price of the new economic equilibrium José Ramón Díez Head of International Economics & Markets Key points of the month The new priorities of the post-pandemic economy Oriol Aspachs Head of Spanish Economics Recommended Recent developments Spain: 2027 macroeconomic outlook Oriol Carreras Baquer 15 October 2026 United States of America Are the midterms important for Trump? And for the US? David Martínez Turégano 15 October 2026 Recent developments Global economic outlook and financial conditions: autumn 2026 CaixaBank Research 15 October 2026 Portugal outlook Higher growth and more inflation in Portugal CaixaBank Research 15 October 2026 Spain's outlook The Spanish economy maintains its momentum, but inflation takes centre stage CaixaBank Research 15 October 2026 Agrifood The wine sector’s major transformation: adapting to climate change and shifting consumer preferences Pedro Álvarez Ondina 15 October 2026 Download File World outlook The international economy withstands the shocks, for now CaixaBank Research 15 October 2026 Agrifood Scale, integration and value: the challenges facing Spain’s agrifood cooperative sector Pedro Álvarez Ondina 15 October 2026 Download File Financial markets outlook Geopolitics and fiscal policy weigh on financial markets CaixaBank Research 15 October 2026Most readThe wine sector’s major transformation: adapting to climate change and shifting consumer preferencesThe new priorities of the post-pandemic economyTrump 2.0 immigration policies: the end of the American Dream?The high season once again attracts international tourists to SpainThe price of the new economic equilibrium NewsletterBeing informed now ismore important than everGet our latest updates Sign in Hot topics Climate change & green transition Real-Time Economics Podcasts Cuando suben los tipos: qué hay detrás de las últimas decisiones de los bancos centrales 28/09/2026 Forecasts Financial markets Interest rate (%)Update date 09-10-20262024202520262027 Fed Funds 4.25 3.50 4.00 3.50 ECB Refi 3.24 2.15 2.90 2.65 Macroeconomic GDP (%)Update date 09-10-20262024202520262027 Euro area GDP 1.1 1.3 1.0 1.4 Spain GDP 3.7 2.6 2.6 2.0 US GDP 3.0 2.3 2.1 1.9 Team Zoel Martín VilatóEconomist Jesús ViscarriOrganization David Martínez TuréganoSenior economist Nuria BustamanteLead economist Ana Rincón GarcíaOrganization Roser FerrerSenior economist Judit Montoriol GarrigaLead economist Meet us Alberto GrazianoSenior Data Scientist Aleix Cuevas Bullich Rita Sánchez SolivaEconomist Beatriz Villafranca SerranoEconomist Enric FernándezChief Economist Pedro Álvarez OndinaEconomist Oriol AspachsHead of Spanish Economics Meet us Marina Tombas SuñéData Scientist María Romero MeléndezEconomista Léopold JouvenEconomist Oriol Carreras BaquerSenior economist Sergio DíazEconomist David del ValSenior economist Adrià Morron SalmeronLead economist Meet us José Ramón DíezHead of International Economics & Markets Carolina CruzOrganization Mireia CrusellsAnalyst Imelda EstebanSenior economist Ana María PorrasOrganization Josep Mestres DomènechLead economist Mar Bisquert PerlesData scientist Meet us Sandra Jódar RosellDirector of Strategic Planning Javier García ArenasSenior economist Eduard Alcobé GarciaData scientist Maitane LizarragaAnalyst Luís Pinheiro de MatosEconomist Ariadna Vidal MartínezLead economist Javier Ibáñez de Aldecoa FusterEconomist Meet us José Antonio Sánchez PalominoData scientist Isabela Lara WhiteEconomist Patricia EstebanCommunication Meet usPrint
International Germany The German economy enjoyed a very positive first half of the year. In fact, GDP grew by 0.4% quarter-on-quarter in Q1 2026 and rose by 0.3% in Q2, despite the sharp increase in energy prices following the outbreak of war in the Middle East. 22 October 2026
Recent developments Spain: 2027 macroeconomic outlook Spain is facing the latest episode of international geopolitical tension from a position of strength, although rising energy costs, tighter financial conditions and a deteriorating international environment will keep inflation high and reduce economic dynamism. All this… Oriol Carreras Baquer 15 October 2026
United States of America Are the midterms important for Trump? And for the US? On 3 November, Americans will return to the polls to renew the entire House of Representatives and one-third of the Senate, the two chambers in which the Republican Party secured a majority in 2024. Although Donald Trump will not appear on the ballot, these elections… David Martínez Turégano 15 October 2026
Recent developments Global economic outlook and financial conditions: autumn 2026 Economic activity thus faces an outlook with higher energy prices, higher interest rates and higher inflation. At the same time, financial conditions as a whole are less restrictive than they might appear, thanks to the counterbalance provided by the strong performance of… CaixaBank Research 15 October 2026
Spain's outlook The Spanish economy maintains its momentum, but inflation takes centre stage CaixaBank Research 15 October 2026
World outlook The international economy withstands the shocks, for now CaixaBank Research 15 October 2026
Financial markets outlook Geopolitics and fiscal policy weigh on financial markets CaixaBank Research 15 October 2026
Tourism The high season once again attracts international tourists to Spain Pedro Álvarez Ondina 14 October 2026
United States of America Trump 2.0 immigration policies: the end of the American Dream? David Martínez Turégano 14 October 2026
Sectorial ReportReal Estate. Increasing supply, the great challenge of the Spanish real estate market S1 2026
Sectorial ReportTourism. Spanish tourism sector: from post-pandemic rebound to sustainable growth S1 2026
United States of America Are the midterms important for Trump? And for the US? David Martínez Turégano 15 October 2026
Recent developments Global economic outlook and financial conditions: autumn 2026 CaixaBank Research 15 October 2026
Spain's outlook The Spanish economy maintains its momentum, but inflation takes centre stage CaixaBank Research 15 October 2026
Agrifood The wine sector’s major transformation: adapting to climate change and shifting consumer preferences Pedro Álvarez Ondina 15 October 2026 Download File
World outlook The international economy withstands the shocks, for now CaixaBank Research 15 October 2026
Agrifood Scale, integration and value: the challenges facing Spain’s agrifood cooperative sector Pedro Álvarez Ondina 15 October 2026 Download File
Financial markets outlook Geopolitics and fiscal policy weigh on financial markets CaixaBank Research 15 October 2026