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Personal usage in Mexico faced an uncomfortable start to the 4th quarter of 2024, experiencing a 0.7% decline in October compared to September.This marked the 2nd successive month of reduction, following a 0.4% drop in September. The information was reported by the National Institute of Statistics and Geography (INEGI). The October decrease exceeded
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Read more: October Decline in Mexico's Private Spending Exceeds Expectations, Signals Weakness
Write comment (98 Comments)The Mexican peso gained ground against the U.S. dollar for the second consecutive session on Wednesday. This appreciation was driven by U.S. consumer inflation data that aligned with analysts’ forecasts, reigniting speculation about potential interest rate cuts.
The exchange rate concluded the day at 20.4915 pesos per dollar, a notable improvement
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Read more: Mexican Peso Strengthens Following U.S. Inflation Data
Write comment (100 Comments)As Donald Trump approaches his inauguration on January 20, 2025, tech moguls have pledged over $200 million to his inaugural fund, signaling a profound shift in political alignment.
This unprecedented financial backing marks a significant change from the past, when many in Silicon Valley distanced themselves from Trump after the January 6 riots.
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Read more: U.S. Tech Leaders Unite Behind Trump: A Shift in Power Dynamics
Write comment (90 Comments)As Brazil's financial markets start trading on this Wednesday, January 15, 2025, the day's financial program is characterized by both regional and worldwide occasions that could considerably influence market dynamics.Today, Brazil will release key domestic indicators that offer insights into the health of the service sector and foreign exchange
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Read more: [Brazil] - Brazil's Financial Morning Call for January 15, 2025
Write comment (97 Comments)Mitre Realty Empreendimentos e Participações S.A. (MTRE3) reported impressive fourth-quarter results for 2024. The company achieved net sales of R$377.1 million ($63 million), marking a 20% increase from the same period in 2023. This growth contributed to a 26.7% year-over-year increase in total net sales, reaching R$1.3 billion ($217 million) for
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Read more: Brazilian Developer Mitre Delivers 26.7% Annual Growth in 2024
Write comment (94 Comments)Bitcoin’s price has surged to $97,014, marking a 2.21% increase in the last 24 hours. This rebound comes after a tumultuous period that saw the cryptocurrency briefly dip below $90,000 earlier in the week. The total cryptocurrency market cap now stands at $3.41 trillion, reflecting a 1.43% rise.
The recent price action follows a pattern of January
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Read more: Bitcoin Rebounds to $97,000 Amid Market Volatility and ETF Outflows
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