Month: August 2024

This week, the latest inflation figures captured investors’ attention, with the Consumer Price Index (CPI) dipping to 2.9%, marking a 0.2% annual decrease. Although this aligns with market forecasts, market responses were subdued, leaving market movements ambiguous. Analysts note the Federal Reserve’s success in managing inflation, prompting a shift in focus towards the labor market. During its recent meeting, the Federal Reserve highlighted the increasing significance of its staff in decision-making processes. A notable change in communication emphasized a dual focus on potential risks to price stability and employment, hinting at a shift away from inflation concerns towards labor market…

European equity markets are poised for another day of gains, riding on a wave of optimism following recent uncertainties. Investors are optimistic about the forthcoming macroeconomic data, shifting their focus towards assessing corporate fundamentals for investment opportunities. Technically, the EuroStoxx 50 faces a challenge in surpassing the 4,700-point mark. According to Ecotrader advisor Joan Cabrero, breaking this level could pave the way for a notable upswing towards 4,870 and 4,900 points, offering a buffer against bearish risks. Cabrero underlines that the current market conditions present favorable prospects, particularly if the index finds solid support within the 4,600-4,675 points range. However,…

Latin America has encountered one of its most lackluster growth periods since the turbulent “lost decade” of the 1980s, with a mere 0.9% growth rate recorded between 2015 and 2024. José Manuel Salazar-Xirinachs, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), warns that the region risks entering a third decade of stagnation unless significant structural reforms are implemented. Within this context, Panama emerges as a notable case study. Despite ECLAC revising its growth projections downward to 1.8% for 2024 due to global uncertainties and the slowdown of major economies like the US and China,…