Weekly Commentary
Climate change: No more excuses
It's burning on all fronts. Nevertheless politicians do not feel too much pressure to combat climate change. Why is that?
We keep an eye on industries and markets
Our aim is to understand our clients and their challenges better than others. To do this, we listen to you carefully. And we keep a very close eye on the markets and industries that are relevant to you—with an unbiased view of the respective business risk. Our experts advise you individually with this special know-how.
We know our way around the following industries particularly well:
Our weekly barometer on economics
Every Thursday, our Chief Economist Dr. Cyrus de la Rubia gives you an overview of the latest market analyses for government bonds and currencies as well as the economic situation in the Eurozone, the USA, and the global economy. In the weekly commentary, Dr. Cyrus de la Rubia also addresses current topics ranging from monetary policy to commodity markets to blockchains.
Dr. Cyrus de la Rubia | chief economist
Current industry, macro, and capital market reports
September 21, 2023
China: Real estate bubble not allowed to burst
The world expects Beijing to revive economic growth with the help of a huge stimulus package. The big stimulus package will not come, because China wants to consolidate the real estate market and reduce its economic dependence on the construction sector.
Wochenbarometer (german) ( PDF, 352 kB )September 14, 2023
China: Real estate bubble not allowed to burst
The world expects Beijing to revive economic growth with the help of a huge stimulus package. The big stimulus package will not come, because China wants to consolidate the real estate market and reduce its economic dependence on the construction sector.
Wochenbarometer (german) ( PDF, 352 kB )September 7, 2023
Climate change: No more excuses
It's burning on all fronts. Nevertheless politicians do not feel too much pressure to combat climate change. Why is that?
Wochenbarometer (german) ( PDF, 284 kB )September 6, 2023
Spain - European engine?
Spain stands out as a positive outlier in economic terms in 2023, while other European countries are obviously struggling more with economic challenges. In the first half of 2023, Spain recorded solid growth of 0.5% (Q1) and 0.4% (Q2). The Spanish central bank recently raised its growth forecast for 2023 significantly to 2.3%. Nevertheless, Spain still has some catching up to do compared with pre-crisis levels.
Fokus (german) ( PDF, 864 kB )August 24, 2023
Regulating the industrial electricity price? Do so.
Industry lobbies for a regulated industrial electricity price, and in rare unity the unions are also in favor of such a measure. In fact there are many arguments in favor of this demand.
Wochenbarometer (german) ( PDF, 819 kB )August 3, 2023
Italy: Meloni's balancing act
Italy's far-right Prime Minister Giorgia Meloni has become an accepted political partner since her election victory in September 2022. However, her pragmatism may soon be tested by Brussels' suspension of payment of NextGenerationEU funds and U.S. President Biden's reaction to Italy's suspected stay in China's New Silk Road project.
Wochenbarometer (german) ( PDF, 773 kB )July 27, 2023
How the oil crises are related to recent inflation expectations
A look back at the 1970s shows that inflation can keep us busy for even longer. The current heat wave must be classified accordingly.
Wochenbarometer (german) ( PDF, 650 kB )July 20, 2023
Caught in the liquidity trap
The recent slight increase in oil prices should not obscure the fact that OPEC Plus has lost a massive amount of influence and the oil price is likely to fall in the long term.
Wochenbarometer (german) ( PDF, 417 kB )