Intercam News

The Day at a Glance | January 28 2022

The Top *Inflation in the United States – measured by the Personal Consumption Expenditures price index – set at 5.8% in 2021. *Germany`s economy receded (-) 0.7% in the 4Q21, more than twice what was estimated (-0.3%e.). *Europe, the U.K., and the United States plan to carry out sanctions on Russia`s energy sector in case

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The Day at a Glance | January 27 2022

The Top *Growth in the United States exceeded estimates during the 4Q21 (6.9% annualized vs 5.5%e.). *FED confirmed that it will start increasing interest rates in March and reaffirmed its commitment to control inflation; money market starts to take into account 5 increases (125bp) in 2022. *Mexican exports closed 2021 with an 18.5% increase; imports

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The Day at a Glance | January 26 2022

The Top *The FED will make a monetary policy decision this afternoon. *Mexico`s retail sales increased more than estimated during November (0.9% monthly; 5.4% annual). *Bien considers putting Putin at risk of personal sanctions over Ukraine. *China starts a 2022-2024 anti-laundering money program. *Japan`s Central Bank`s meeting minutes revealed that inflation could reach 2%, but

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The Day at a Glance | January 25 2022

The Top *Mexico`s economy grew 0.3% in November. *China prepares for a slowdown in exports due to less stimuli at a global level. *Confidence in Germany`s economy continued to improve in January (Ifo 95.2); production chains improved and the Omicron variant is expected to have a limited impact. *Korea`s economy accelerated in the 4Q21 (1.1%

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The Day at a Glance | January 24 2022

The Top *Europe`s economy slowed down more than expected during January. *United States tells families of diplomats in Ukraine to leave the country in light of risk of invasion by Russia. *Economic indicators: January`s Timely PMI`s will be made public in the United States (Manuf. 56.7e.; Serv. 55e.). Economic environment Growth in Europe slows down.

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The Day at a Glance | January 21 2022

The Top *Mexico logged weak growth during December. *U.S. Secretary of the Treasury Janet Yellen reiterated that she expects inflation to set at close to 2% by the end of 2022. *Chinese authorities have called on the banking sector to increase credit after the economy`s weak start in 2022. Economic environment Weak recovery in Mexico.

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The Day at a Glance | January 19 2022

The Top *Markets take into account more aggressive interest rate increases: 50 bp by the FED in March; 10bp by the ECB in September. *Inflation in the United Kingdom surprisingly increased to its highest level in 30 years (1992) during December (5.4% annual). *The IAE increased its estimates regarding demand for crude oil in 2022

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The Day at a Glance | January 18 2022

The Top *Oil prices reach their highest level in 7 years. *The People`s Bank of China committed itself to carry out stimulus in order to avoid a collapse in credit. *Central Bank of Japan increased its inflationary estimates, but discarded monetary normalization actions. *Investor confidence improves in the German economy at the start of 2022

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