 Member since Jun '07
Working languages: English to Spanish
Dutch to Spanish
|    Gonzalo Tutusaus
Asset Management Specialist
Groningen, Netherlands Local time: 03:40 CET (GMT+1)
Native in: Spanish  | | |
Freelancer,  Verified member | | Translation | | Specializes in: | | Investment / Securities | Finance (general) | | Economics | Business/Commerce (general) | | Marketing / Market Research | Accounting | | Management |
| Also works in: | | Internet, e-Commerce | IT (Information Technology) | | Insurance |
More Less | | PRO-level points: 2264, Questions answered: 1025, Questions asked: 2 | Sample translations submitted: 1 | English to Spanish: Fund monthly report | Source text - English
In this already troubled scenario, renewed fears of a significant rise in global inflation have made a recovery in growth even more uncertain. Emerging markets including Brazil, which have recently been the engines of global growth, must now address this. A reduction in fuel price subsidies and increases in interest rates are the instruments being used by emerging markets to combat this new source of concern. The hawkish stance of the European Central Bank and the change in rhetoric by the Federal Reserve did little to soothe fears of a more syncronised global slowdown.
While western central banks remain focussed on inflation targeting, especially in Europe, they are forced to react to increasing inflation expectations. With the domestic economies suffering from the credit crunch and housing problems, this increased inflation hawkishness could cause future problems. However, with inflation in Western countries now being driven by factors outside their control, it cannot be assumed that riskier assets such as equities will perform well, as companies may not be able to pass on higher costs to consumers. The potential for a corresponding decline in corporate profits leads us to conclude that, despite current rising inflation expectations, the bond markets are a relative safe haven during this period of uncertainty. | Translation - Spanish
En este ya difícil escenario, los renovados temores de un aumento significativo de la inflación global han hecho que una recuperación del crecimiento resulte aún más incierta. Los mercados emergentes que se han perfilado recientemente como los motores del crecimiento global, entre ellos Brasil, deben abordar ahora esta cuestión. La reducción de los subsidios de combustible y las subidas de tipos de interés están siendo los instrumentos utilizados por estas economías para combatir esta nueva fuente de preocupación. La postura rigurosa del Banco Central Europeo y el cambio de retórica de la Reserva Federal hicieron muy poco para calmar los temores de una ralentización global más sincronizada.
Mientras los bancos centrales occidentales sigan concentrándose en su objetivo de estabilidad de precios, especialmente en Europa, se verán obligados a reaccionar ante las expectativas de creciente inflación. Con las economías domésticas sufriendo a causa de la crisis crediticia y los problemas en el sector de la vivienda, este mayor rigor de las autoridades motivado por la inflación podría ser fuente de problemas en el futuro. No obstante, ahora que la inflación en los países occidentales está viéndose impulsada por factores fuera de su control, no es posible asumir que los activos de mayor riesgo como la renta variable vayan a mostrar un buen comportamiento, ya que las empresas podrían no ser capaces de repercutir los mayores costes al consumidor. El potencial de una subsiguiente caída de los beneficios de las empresas nos lleva a concluir que, pese a las actuales expectativas de inflación al alza, los mercados de renta fija son un refugio seguro durante este período de incertidumbre. |
More Less | | Asset Management, Finance | | Years of translation experience: 12. Registered at ProZ.com: Dec 1999. Became a member: Jun 2007. | | N/A | | N/A | | Adobe Acrobat, Dreamweaver, Microsoft Excel, Microsoft Word, Powerpoint, SDL TRADOS | | http://www.tutusaus.net | | English (PDF) | | Gonzalo Tutusaus endorses ProZ.com's Professional Guidelines. | | About me Financial translation, English> Spanish & Dutch>Spanish
Asset Management, investing
Macroeconomics, Microeconomics
Business, Finance, Banking,
Commerce, Import/Export
Management, Marketing, Accounting
Information Technology, E-commerce
A BSc in Economics and Business Administration, and more than three years of work experience in the import market, have given me a thorough knowledge and understanding of the concepts, terminology and jargon of the above mentioned fields. My command of the English and Dutch languages, plus 10 years of financial translation experience, allow for high-quality translations, at reasonable prices. 8 years translating full time for some of the biggest players in the asset management industry. |
|
Keywords: Stockmarket, investing, investor, institutional, retail, asset management, mutual funds, equity, fixed income, currency, hedge funds, investment, stocks, bonds,
Macroeconomics, Microeconomics, Economy, Business,
Finance, Banking, Commerce, Import,
Export, Management, Marketing, Accounting, IT, e-commerce,
ERP, correspondence, monthly report, quarterly report, yearly report, native, Spanish, quality, inversión, gestión de activos, bolsa, fondos de inversión, finanzas
 This profile has received 61 visits in the last month,
from a total of 37 visitors
Profile last updated
Oct 23, 2010 |
The translation workplace 
Expertise