The Day at a Glance | April 30 2020

Mexico records its deepest contraction since 2009 INEGI estimates suggest that the Mexican economy contracted at a (-) 2.4% annual rate during 1Q20 (-1.6% quarter over quarter). With this, three consecutive quarters have recorded contractions (quarter over quarter, it would be five consecutive quarters), and the first quarter of 2020 recorded the largest annual rate

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El Día en Minutos | 30 de abril de 2020

México registra su mayor contracción desde 2009 Estimaciones del INEGI sugieren que la economía mexicana se contrajo (-) 2.4% a tasa anual durante el 1T20 (-1.6% trimestre a trimestre). Con esto se ligan ya tres trimestres consecutivos de contracciones a tasa anual (cinco trimestre a trimestre) y el primer trimestre de este año registró la

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The Day at a Glance | April 29 2020

US economy contracts more than expected in 1Q20 Data released by the Bureau of Economic Analysis of the US Department of Commerce confirmed a quarterly annualized (-) 4.8% contraction in the first quarter of the year. The contraction was observed in practically all of the GDP`s components, except government spending (0.7%), which recorded its lowest

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El Día en Minutos | 29 de abril de 2020

Se contrae la economía estadounidense más de lo esperado en 1T20 Datos del Buró de Análisis Económico del Departamento de Comercio en EE.UU. confirmaron una contracción de (-) 4.8% trimestral anualizado en la eooncmía durante el primer trimestre del año. La contracción se dio en prácticamente todos los componentes del PIB, a excepción del gasto

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The Day at a Glance | April 28 2020

WTI drops again The West Texas Intermediate (WTI), American crude oil price reference, has fallen a little over 37% in the last two sessions and approaches $10 dollars per barrel. Some funds and investors have started to get rid of their June futures contracts in light of fears that they could reach negative prices in

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El Día en Minutos | 28 de abril de 2020

WTI vuelve a caer El West Texas Intermediate (WTI), precio de referencia americano para el crudo, ha caído poco más de 37% en las últimas dos sesiones y se volvió a aproximar a los $10 dólares por barril. Algunos fondos e inversionistas han comenzado a deshacerse de sus contratos de futuros del mes de junio,

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The Day at a Glance | April 27 2020

Bank of Japan broadens monetary stimulus In its monetary policy meeting, the Bank of Japan has committed to buying a limited amount of government bods and double its purchasing of corporate debt (20 trillion yen) to maintain interest rates low. These measures also seek to back the government`s actions, which has announced aggressive spending programs

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El Día en Minutos | 27 de abril de 2020

Banco de Japón amplía estímulo monetario En su reunión de política monetaria, el Banco de Japón se comprometió a comprar una cantidad ilimitada de bonos del gobierno y duplicó sus compras de deuda corporativa (20 trillones de yen) para mantener las tasas de interés bajas. Las medidas buscan respaldar también las acciones del gobierno, que

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The Day at a Glance | April 24 2020

The Mexican economy contracted in February The INEGI`s Global Indicator of Economic Activity in Mexico (IGAE, for its acronyms in Spanish), recorded its second consecutive month of contraction regarding the Mexican economy this year, setting at -1.6% annual (-0.2% monthly) during February. Figures suggest that the economy is very weak, even prior to COVID-19`s impact

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