What is keeping up Spain’s Housing Market?

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The Spanish economy could contract by 13% in 2020 (see IMF June report) and up to 15% (according to Bank of Spain’s risk scenario) amid the adverse economic ramifications of the Covid-19 pandemic. Although the economy continues to struggle, the housing market has yet to show signs of weakness. On the contrary, housing…

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High Price of Oil barrel - 3d

Oil remains stable (for now) despite high uncertainty in the horizon

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Since the negative rates of April, the oil market has partly recovered and settled around $40. The ongoing high uncertainty over demand, along with the changes in production in non-OPEC and OPEC countries, haven’t moved oil from its $40 mark over recent weeks. What’s next for oil?   Oil demand is expected to…

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