Week from the 27th to the 31st of May

Most Outstanding Points of the Week

  • In the United States, the second revision to the Q1 2024 GDP showed an annualized growth of 1.3%, lower than the initial revision of 1.6%.
  • In the United States, PCE (core) inflation for April, the indicator mostly monitored by the FED, advanced 0.2%, in line with expectations. Thus, annually it rose to 2.8%. 
  • In China, the IMF raised its estimate for the country’s economic growth to 5% from 4.6%.
  • In Mexico, on the eve of the presidential elections, the candidate of the current government, Claudia Sheinbaum, is widely leading in voting intentions. 

Important Events in the Coming Weeks

  • In the United States, the ISM services and manufacturing will be published 06/03-04
  • In the U.S., employment figures to be released 06/07

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