Week from the 24th to the 28th of June

Most Outstanding Points of the Week

  • In the United States, the stress tests applied by the FED to different financial institutions showed that they could face the scenario of a severe recession.
  • In the United States, the latest revision of the 1Q24 GDP showed that the economy grew 1.4% annualized, slightly better than the previous estimate.
  • In China, industrial company profits barely managed to grow 0.7% on a monthly basis in May, mainly due to the benefit of higher raw material prices.
  • In line with expectations, the Bank of Mexico left the reference rate unchanged at 11%.

Important Events in the Coming Weeks

  • In the United States, there will be FED minutes and jobs data 07/03 – 05
  • In the U.S., there will be a holiday for the celebration of Independence Day 07/04

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