Economy Country January 22, 2025

Mexican and European Markets under the Influence of Trump

The markets in Mexico and Europe show mixed movements in response to Donald Trump's initial actions as president. In Mexico, the S&P/BMV IPC rises 0.27%, while in Europe the CAC 40 and FTSE 100 report increases. However, the IBEX 35 and DAX experience declines. Crude oil also shows negative variations in its international contracts.


Mexican and European Markets under the Influence of Trump

According to analysts from Grupo Financiero Banorte, following the original order to initiate investigations into the trade position with several countries, advances are observed in the stock markets of Mexico and Europe on January 21.

In Mexico, the S&P/BMV IPC of the Mexican Stock Exchange grows by 0.27% reaching 50,338.80 units. Meanwhile, the FTSE-BIVA of the Institutional Stock Exchange rises by 0.73% standing at 1,025.96 points.

On the other hand, in Europe, stock indices show increases of 0.36% for France's CAC 40, which is at 7,761.89 points, and 0.13% for London's FTSE 100, reaching 8,531.80 units. However, Spain’s IBEX 35 decreases by 0.29% to 11,909.66 points, and the DAX in Germany declines by 0.04% to 20,999.29 units.

Globally, in the international oil market, both contracts are trading lower. Meanwhile, on Wall Street, following Donald Trump's inauguration as President of the United States, the Nasdaq experiences a decrease of 0.35%, standing at 19,571.25 points, unlike the Dow Jones and the S&P 500 which show increases of 0.63% and 0.32% respectively.

Regarding Trump's executive orders, it is noteworthy that he signed several of them on different fronts such as energy, immigration, security, government, and trade. These moves have impacted international markets, generating mixed reactions in the stock markets and causing negative variations in oil prices: West Texas Intermediate falls by 2.20%, trading at 76.17 dollars per unit, and Brent drops by 1.35% reaching 79.07 dollars per unit.