Week from the 22nd to the 26th of April

Most Outstanding Points of the Week

  • In the United States, the 1Q24 reporting season shows an advance of 33%. Seventy-nine percent of the sample has reported higher than expected earnings, while 54% have exceeded expectations in terms of sales.
  • In the United States, the first revision of GDP for the first quarter of 2024 grew by an annualized 1.6%, considerably lower than the forecast of 2.4%.
  • In China, the consensus slightly adjusted its forecast for economic growth this year to 4.8%, improving on the previous forecast of 4.6% and moving slightly closer to the government’s target of around 5% growth.
  • In Mexico, inflation for the first two weeks of April accelerated to an annual rate of 4.63%, contrasting negatively with the previous reading of 4.37% and the consensus forecast of 4.47%.

Important Events in the Coming Weeks

  • In the U.S., there will be a monetary policy announcement from the FED 05/01
  • In the United States, employment figures to be released 05/03


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