The Day at a Glance | September 4 2024

The Top • Eurozone producer prices remained in deflationary territory in July. • Today, the Bank of Canada will release its monetary policy announcement, in which a 25 basis point cut is expected. • In June, the trade deficit in the US stood at $78.8 billion, a 7.9% m/m increase due to greaterimports of capital goods and industrial supplies amidst concerns of higher tariffs. • New

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El Día en Minutos | 4 de septiembre de 2024

El Top ● Los precios al productor de la eurozona continúan en terreno de deflación en julio. ● El día de hoy el Banco de Canadá dará a conocer su anuncio de política monetaria en el cual se anticipa un recorte en 25 puntos base en tu tasa de referencia. ● En junio el déficit comercial en Estados

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The Day at a Glance | September 3 2024

The Top • In Mexico, investment and consumption figures revealed that the economy slowed down rapidly in June.  • The unemployment rate in Mexico stood at 2.9% in July, marking four consecutive months of increases from a low of 2.3% in March.  • Later today, the ISM Manufacturing Index for August will be released, with the consensus forecasting a 47.5 point figure. 

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El Día en Minutos | 3 de septiembre de 2024

El Top ● En México, las cifras de inversión y consumo revelan que la economía se desaceleró rápidamente en junio. ● La tasa de desempleo en México se ubicó en 2.9% en julio, mostrando así cuatro meses al hilo de incrementos desde un mínimo de 2.3% en marzo. ● Más tarde se dará a conocer el índice ISM

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The Day at a Glance | September 2 2024

The Top • In China, August PMI´s logged weakness, increasing pressure for more consumer stimulus.  • Today, US markets are closed for the Labor Day holiday.  • The Eurozone´s manufacturing PMI stood at 45.8 points in August, slightly above the market expectation of 45.6 and unchanged from the level observed in July.  • In Japan, the manufacturing activity PMI stood at 49.8 points in

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El Día en Minutos | 2 de septiembre de 2024

El Top ● En China, los PMI de agosto muestran debilidad y aumentan la presión por mayores estímulos para el consumo ● El día de hoy los mercados en Estados Unidos estarán cerrados por el feriado de Labor Day. ● El PMI manufacturero de la Eurozona se ubicó en 45.8 puntos en agosto, ligeramente por encima de la

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The Day at a Glance | August 30 2024

The Top In the US, consumption continues to grow while inflation decreases in line with market consensus expectations.  • Inflation in the Eurozone fell to its lowest level in three years in August, setting the stage for a new ECB rate cut in its upcoming September meeting. • China’s Central Bank is seeking to shift its monetary policy framework from a

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El Día en Minutos | 30 de agosto de 2024

El Top ● En EE.UU. el consumo continúa creciendo, al tiempo que la inflación disminuye en línea con el consenso de mercado. ● La inflación en la eurozona cayó a su nivel más bajo en tres años en agosto, preparando el escenario para un nuevo recorte del BCE en su próxima reunión de septiembre. ● El Banco Central

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Let´s Talk About Nearshoring 5.0 | Quarterly Newsletter #3

FDI in México Mexico received $31.096 billion USD in Foreign Direct Investment (FDI) between January and June 2024, the highest figure for a first semester on record. This FDI figure logged a +7.1% increase compared to the $29.041 billion USD reported in the 1H23, according to the Ministry of Economy. By components of Foreign Direct

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The Day at a Glance | August 29 2024

The Top • In the US, 2Q24 growth was revised up from 2.8% to 3.0%. • In the week ending August 24th, initial unemployment insurance claims stood at 231,000, marking a slight decrease of 2,000 compared to the previous week’s 232,000. • Inflation in Germany fell more than expected in August, reaching its lowest level in more than three years,

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