Week from the 8th to the 12th of January

Most Outstanding Points of the Week

  • In the United States, December inflation accelerated 0.3%, exceeding the 0.2% estimate. With this, annual inflation stood at 3.4% (versus the 3.2% estimate and 3.1% in November).
  • In the United States, the 4Q23 quarterly reporting season began with reports from banks such as JP Morgan, Citi, Bank of America and Wells Fargo; overall they showed weak results.
  • In China, exports rose 2.3% annually in December, up from 0.5% growth in November and an expected 1.7%.
  • In Mexico, inflation accelerated for the second consecutive month in December, registering a monthly variation of 0.71%. Thus, the year 2023 ended with an annual rate of 4.66%. 

Important events in the coming Week

  • In the United States, the Martin Luther King, Jr. holiday will be celebrated. 01/15
  • In the U.S., Beige Book and consumer confidence to be released 01/17-19

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