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The Top *Inflation in Mexico surprised to the upside and reached a new record high since January of 2001. *China indefinitely extends quarantine measures in Shanghai in light of the virus`s fast spread – despite discontent. *The Russian ruble recovered and set at levels prior to the invasion of Ukraine, despite sanctions. *The FED`s meeting

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The Top *The Federal Reserve will decrease its asset balance quickly, starting as soon as May: Lael Brainard, member of the FED. *Fixed investment in Mexico increased 2.2% in January (8.4% annual vs 4%e.), exceeding estimates by a wide margin; private consumption increased 0.3% (7.3% annual). *The FED`s meeting minutes are expected to show details

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The Top *The EU will propose suspending coal imports from Russia; including gas and oil sanctions is still being discussed. *The US Treasury Department will block Russian debt payments in bid to raise pressure on Moscow. *France will start investigations of possible war crimes against French citizens in Ukraine. *The Peruvian government declared a state

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The Top *The European Union is preparing to carry out new sanctions on Russia; it accuses it of war crimes in northern Ukraine. *Ministry of Finance and Public Credit estimates growth will set above 3% in Mexico in 2022 and 2023. *Consumer confidence logged improvement in Mexico during March (+0.4%; 43.9). Economic environment Ukraine accuses

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The Top *Inflation in Europe accelerated to a 7.5% annual rate in March; markets expect interest rates to increase in 50bp in Europe this year. *431 thousand jobs were created in the U.S. in March; wages increased at their fastest pace since May of 2020 (5.6% annual). *U.S. will form team in Mexico for energy

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The Top *China´s economy receded in March; this is the first time that activity decreased since 2020. *In the United States, consumption adjusted for inflation receded in February (-) 0.4%; PCE inflation set at a 6.4% annual rate. *The U.S. considers releasing 180 million barrels of oil from its strategic reserve to counter high prices.

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The Top *The Kremlin rejects progress in negotiations with Ukraine; the withdrawal of troops close to Kyiv will be partial and there will be no ceasefire. *Inflation in Spain reached 9.8% annual and became one of the European countries most affected by high energy prices. *The U.S. private sector created 455 thousand new jobs in

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The Top *Russia assures it will reduce military operations close to Kyiv, pointing out a de-escalation in the conflict. *The power reform is expected to be discussed in the Chamber of Deputies starting on April 11th. *Consumer confidence data will be made public in the U.S.; it`s expected to log deterioration in light of high

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The Top *Mexican exports increased 16.03% monthly during February and logged a trade surplus worth 1,239 million dollars. *Inflation for producers in Europe accelerated to 39% annual in February. *Biden proposed a 20% minimum income tax (includes income and unrealized capital gains) on households worth more than $100 million dollars. *U.S. Trade representative Katherine Tai

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The Top *Mexico`s economy increased 0.4% monthly in January and 1.8% annual, according to the Global Indicator of Economic Activity. *The United States and Europe reached an agreement to substitute part of Russia`s natural gas supply in the European market. *U.S. Secretary of the Treasury Janet Yellen expects a strong economy despite increasing prices and

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