Intercam News

The Day at a Glance | August 4 2020

The Top · Negotiations continue regarding a fiscal package in the US. · China will take action against Washington if TikTok`s forced sale is carried out, according to the local press. · Argentina reaches a $65 billion dollar debt restructuring agreement with creditors. · Economic indicators: Durable goods orders in the US will be published

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The Day at a Glance | August 3 2020

The Top · US Congress can finance greater fiscal stimulus: Kashkari (FED). · Manufacturing activity index for small and medium sized enterprises in China recorded its largest expansion since 2011. · COVID-19 cases surpass 18 million at a worldwide level; 1 million new cases are added every 4 days. · Economic indicators: Manufacturing ISM is

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The Day at a Glance | July 31 2020

The Top · Recovery in China accelerates in July. · Europe contracts (-) 12.1% in the 2Q20. · Trump suggests delaying November elections; decision will be made by Congress and seems highly unlikely. · No signs of progress in negotiations regarding a fiscal package in the US. · Economic indicators: Preliminary figures show an acceleration

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The Day at a Glance | July 29 2020

The Top · FED extends emergency programs to 2021. · Economic indicators: US crude oil inventories are expected to show a moderate increase (0.375M e.). · Amazon, Apple, Alphabet and Facebook executives will make an appearance before US Congress. Economic environment The Federal Open Market Committee of the US Federal Reserve will make a monetary

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The Day at a Glance | July 27 2020

The Top · Mexican exports rise 75.57% in June. · Republicans will present a fiscal proposal. · Economic indicators: Mexico`s trade balance recorded its greatest surplus in history in June (USD $5,547M), while durable goods orders exceeded estimates in the US (7.3% monthly, June). Economic environment Mexican imports and exports show a strong recovery in

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The Day at a Glance | July 24 2020

The Top · China orders the US Consulate in Chengdu to close. · Europe continues to show recovery during July. · The Mexican economy contracted 21.6% annually during May. · Republicans postpone publishing the fiscal proposal until Monday; they do not reach agreement with the White House regarding its details. · Economic indicators: US PMIs

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The Day at a Glance | July 23 2020

The Top · Inflation in Mexico increases more than estimated: 0.36% in the first half of July (3.59% annually). · Republicans will present a fiscal proposal. · The Mexican government presents a bill to reform the Pension System. · South Korea enters a recession after contracting 3.3% in the 2Q20. · China will give Latin

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The Day at a Glance | July 22 2020

The Top · USA closed Chinese Consulate in Houston. · No advancements regarding Brexit negotiations. · More than half of businesses temporarily closed in the US because of COVID-19 have become permanent: Yelp Inc. · Economic indicators: Mortgage applications once again increased last week in the US (4.1%) after recording the lowest rates in history;

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