Intercam News

The Day at a Glance | December 17 2020

The Top · US Congress adjusts some details for a $900 billion dollar fiscal package. · Monetary policy decision in Mexico`s Central Bank (1:00 pm Mexico City time). · FED keeps interest rates and purchasing program unchanged. · PMIs show mixed readings in the United States during December: Manufacturing activities increased (56.5 vs 55.7 e.),

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The Day at a Glance | December 16 2020

The Top · PMI in the European economy exceeds estimates, although it remains in contraction during December (49.8 Dec. vs 45.8 e.). · Bank of Mexico Law discussion and voting will be postponed until January. · Retail sales in the US contract more than expected (-1.1% vs -0.3% e.) in November; October revised downwards (-0.1%).

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The Day at a Glance | December 15 2020

The Top · China maintains steady step towards firm recovery. · The International Energy Agency once again cuts its demand for oil estimates for 2021. · Moody`s warns that Mexico`s credit rating could be at risk because of the approval of changes regarding the country`s Central Bank Law. · Economic indicators: Industrial production figures are

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The Day at a Glance | December 14 2020

The Top · The United Kingdom and the EU agree to extend Brexit negotiations. · Deputies give in to Banxico`s suggestions regarding the modification of the law on the purchase of dollars in cash. · Economic indicators: Industrial production in Europe (-3.8% annual, Oct. vs -4.4% e.). Economic environment The United Kingdom and the European

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The Day at a Glance | December 11 2020

The Top · No advancements in Brexit negotiations; the UK and the EU prepare for a Brexit with no trade agreement. · Economic indicators: Data regarding inflation for producers will be made public in the US (0.8% e., annual Nov.). Economic environment Prime Minister of the UK Boris Johnson and President of the European Commission,

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The Day at a Glance | December 10 2020

The Top · ECB announces greater stimuli. · Senate approves Banxico Law reform for it to purchase dollars in cash; Deputies will debate this issue. · The United Kingdom sets Sunday as deadline for Brexit agreement; failure of recent negotiations increase the likelihood of seeing a disorderly exit. · Pelosi and McConnell are still not

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The Day at a Glance | December 9 2020

The Top · Inflation in Mexico sets slightly below estimates in November (3.33% annual). · The White House resumes negotiations regarding the fiscal package with a counterproposal of $916 billion dollars. · Boris Johnson travels to Brussels in his last attempt to reach a trade agreement with the EU. · The United Kingdom warns about

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The Day at a Glance | December 8 2020

The Top · US Senate Leader Mitch McConnell has not backed the bipartisan fiscal stimulus proposal. · AMLO nominates Galia Borja Gómez as Deputy Chair of Banxico to take Javier Guzman`s place at the start of 2021; Tatiana Clouthier for the Department of Economy. · Economic indicators: Europe`s 3Q20 GDP revised (4.2% annual vs 4.3%

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The Day at a Glance | December 7 2020

The Top · China records historical trade surplus. · Bipartisan group in the US will present a $908 billion dollar fiscal proposal today. · Fixed investment in Mexico falls (-) 2.9% in September; consumption increased 2.2% in the same month. · The United Kingdom warns that Brexit negotiations could collapse in the next few hours

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