Santander experts analyze the role of the US as a "driver and source of tension" in the global economy

The headquarters of the Madrid Chamber of Commerce has hosted the meeting Market Update 2025, a key session for companies with international activity to understand and anticipate the challenges of the current economic environment. With the help of Banco Santander, attendees were able to gain a deeper understanding of the forces shaping trade, investment, and financial markets on a global scale.

Jose Maria Alarcon Notary, Director of Foreign Trade at Banco Santander in Madrid, stressed that the purpose of the day was to analyze an international panorama deeply influenced by the United States, which plays a dual role as “both a motor and a factor of tension”According to the expert, it is crucial to understand the underlying currents that will set the tone for the next decade. "We seek to understand the megatrends that will define the landscape over the next 10 years.", said Alarcón.

In his speech, he highlighted that the world is moving from a traditionally sectoral investment model to one based on thematic and much more dynamic investmentsThis change occurs in a context of clear geopolitical division, with one bloc led by China and the other under US dominance. This reality, according to Alarcón, "It forces companies to reflect on their internationalization strategy and where they should position themselves.".

For its part, Albert Fita Lladó, Head of C&CB Sales Madrid at the company, detailed the practical approach of the meeting, designed to offer concrete tools to companies. He explained that the session was structured to analyze the macroeconomic situation, market behavior, and forecasts for key currency pairs such as the eurodollar.

The most relevant aspect of his presentation focused on exchange rate risk management. Fita emphasized the importance of applying best practices to protect trading margins against currency fluctuations. "We offer concrete and structured solutions, tailored to each client's profile.", he noted, explaining that these can range from operations with 100% risk exposure to others that guarantee 100% of the capital. The ultimate goal is to enable companies to make informed decisions and navigate safely in today's complex environment.