Most Outstanding Points of the Week
- In the United States, in virtually the last week of quarterly reports, reflecting an 82% advance, 77% of companies have posted better than expected earnings.
- In the U.S., the FED’s minutes expressed the concern of most of its members about cutting back interest rates too soon.
- In China, the People’s Bank cutback the 5-year reference rate by 25bp to 3.95% for the first time since June.
- In Mexico, inflation in the first half of February decelerated to 4.45% annually, from 4.87% in January, and was better than the 4.7% estimate.
Important Events in the Coming Weeks
- In the United States, consumer confidence will be known 02/27
- In the United States, various real estate sector indicators will be published 02/26-29
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