Intercam News

The Day at a Glance | April 5 2021

The Top · Employment data in the US during March greatly exceeded estimates (916 thousand); the hotel and leisure industries led the recovery. · Oil prices receded after OPEC+ agreement to gradually increase global production between May and July. · Republicans ask for a smaller-sized investment in infrastructure plan; Biden seeks the project`s approval. ·

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The Day at a Glance | March 31 2021

The Top Recovery in China accelerated during March. Biden`s economic plan will be presented in Pittsburgh today; the plan entails 2.25 trillion dollars of spending throughout 8 years and an increase in corporate taxes from 21% to 28%. Private enterprises created 517 thousand new jobs during March in the United States, according to the ADP

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The Day at a Glance | March 30 2021

The Top Inflation in Germany set at 2% during March, boosted by energy prices. 10-year Treasury Bond in the United States reaches its highest level since January of 2020 (1.77%) prior to Biden`s economic plan presentation. Confidence in the European economy recovers to its highest level since the start of the pandemic (101 vs 96

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The Day at a Glance | March 29 2021

The Top *AMLO sends a bill to modify the Hydrocarbons Law, which would give PEMEX more control over the local gasoline market. *Biden will present a long-term economic plan on Wednesday. *The Eurozone`s recovery strongly depends on maintaining fiscal stimuli: ECB. *Italy revises its growth estimate downwards from 6% to 4.1% in 2021. *COVID-19 cases

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The Day at a Glance | March 26 2021

The Top *Mexican exports fell during February according to INEGI figures (-3.65% monthly; -1.1% annual). *Inflation in the US accelerated in line with estimates during February (PCE 1.6% annual); the underlying component increased less than expected (1.5%) and private consumption receded 1%. *Biden will announce the investment in infrastructure program next week. *European banks count

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The Day at a Glance | March 25 2021

The Top *Changes in monetary policy will be gradual and transparent: Powell. *Biden will give his first press conference at the White House today; he will talk about vaccines and the migration issue at the southern border of the US. *Banxico will make a monetary policy decision today (1:00 pm Mexico City time). *Jobless claims

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The Day at a Glance | March 24 2021

The Top *Inflation in Mexico increases above estimates (4.12% vs 3.9% e.) before Banxico`s meeting. *European economy sees growth during March. *Merkel suspends the implementation of quarantine measures in Germany in efforts to stop a third wave of the virus. *Economic indicators: Durable goods orders fall for the first time in the US since April

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The Day at a Glance | March 23 2021

The Top · Biden administration prepares 3 trillion dollar economic plan. · ECB increased the rate of bond purchases last week to contain the rise in interest rates. · Oil drops under $60 dpb after the announcement of new quarantine measures in Germany. · The Central Bank of Spain decreased growth estimates for the country`s

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The Day at a Glance | March 22 2021

The Top · Inflation and public debt are the main concerns for economists in the United States. · Turkish Lira falls 15% after its President, Tayyip Erdogan, fired one of the central bank`s members for increasing the interest rate. · EU imposes sanctions on citizens and Chinese entities for human rights abuse. Economic environment According

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The Day at a Glance | March 19 2021

The Top · 10-year Bond recedes slightly; tech sector futures are positive. · The WTI remains under 60 dollars due to new restrictions in Europe and greater crude oil inventories in the United States. · The Central Bank of Japan announced a series of monetary policy measures that give it flexibility to reach its inflation

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