The Day at a Glance | February 8 2023

*Last week`s employment report surprise indicates that efforts to reduce inflation will last longer than previously expected, according to the Chair of the Federal Reserve. *According to the Mexican Social Security Institute, 111,699 jobs were created in January, which is a 0.52% monthly increase (3.48% annual) and led to a total 21.44 million. *In the

[ Read More ]

El Día en Minutos | 8 de febrero de 2023

*La gran sorpresa en el reporte de empleo de la semana pasada indica que los esfuerzos para reducir la inflación durarán más tiempo de lo previsto según el presidente de la Reserva Federal.  *Según datos del Instituto Mexicano del Seguro Social, durante enero se generaron en México 111,699 empleos, implicando un incremento mensual de 0.52%

[ Read More ]

The Day at a Glance | February 7 2023

*Gross Fixed Investment lost momentum in November, although its annual figure surprised to the upside. *Private Consumption decreased 0.6% in November mainly because of weaker demand for imported goods (-3.7%). However, accumulated figures through November logged a 6.8% increase with respect to the same period of 2021.  *In the US, December`s trade balance figures logged

[ Read More ]

El Día en Minutos | 7 de febrero de 2023

*La Inversión Fija Bruta pierde dinamismo en noviembre, pero sorprende al alza en su lectura anual. *El Consumo Privado cayó 0.6% en noviembre, explicado principalmente por una menor demanda de bienes importados (-3.7%). Aunque las cifras acumuladas al 11vo mes muestran una expansión de 6.8% en comparación al mismo periodo del 2021.  *En EE.UU, la

[ Read More ]

The Day at a Glance | February 3 2023

*The US employment report surprised by logging more than 500 thousand jobs in January, almost three times (2.75x) the estimated number. *Consumer confidence in Mexico continued recovering through January. *Inflation for producers in the Eurozone decreased for a fourth consecutive month by logging a 24.6% annual figure, despite the 1.1% monthly rate (which set above

[ Read More ]

El Día en Minutos | 3 de febrero de 2023

El reporte de empleo en EE.UU sorprende con la creación de más de 500 mil empleos en enero, casi tres el número de plazas estimadas. La confianza del consumidor en México continuó su senda de recuperación durante enero. La inflación al productor en la eurozona cae por cuarto mes consecutivo a tasa anual con un

[ Read More ]

The Day at a Glance | February 2 2023

*Remittances increased at the end of 2022 and reached an all-time high. *Mexico´s manufacturing PMI decreased in January. *In the US, the manufacturing PMI logged a 47.4 point figure; below estimates. *The European Central Bank increased its reference rate 50bp and set it at 3.0%; it pointed towards another 50bp increase in its next meeting

[ Read More ]

El Día en Minutos | 2 de febrero de 2023

*Las remesas repuntan al cierre del 2022 para alcanzar un registro histórico. *Los PMI manufactureros para México muestran un deterioro a enero. *En EE.UU, el ISM manufacturero, registró una lectura por debajo del estimado al ubicarse en 47.4 unidades en enero. *El Banco Central Europeo incrementa en 50pb su tasa de referencia para ubicarla en

[ Read More ]

The Day at a Glance | February 1 2023

Pemex issued bonds worth 2 billion dollars, which will be used to refinance debt. *In the US, the ADP`s private sector National Employment Report indicated that 106 thousand jobs were created in January, its lowest reading since January of 2021; this was 74 thousand jobs less than expected.  *This morning, the INEGI informed that its

[ Read More ]