Economy Country February 07, 2025

Positive Trends in Mexican and European Stock Markets

Analysts note positive fluctuations in Mexican stock markets, while European indices show losses. The report on U.S. employment also impacts markets globally.


Positive Trends in Mexican and European Stock Markets

Bx+ analysts point out that locally, the new announcement from Banxico and today's inflation figures may have implications. In Mexico, stock markets show positive variations with the S&P/BMV IPC of the Mexican Stock Exchange falling 0.40% to 52,885.81 points and the FTSE-BIVA of the Institutional Stock Exchange rising 0.18% to 1,062.32 points.

In contrast, in Europe, stock indices show losses. London's FTSE 100 falls 0.31% to 8,701.58 points, France's CAC 40 loses 0.17% to 8,700.30 units, Spain's IBEX 35 drops 0.19% to 12,712.71 points, and Germany's DAX declines 0.15% to 21,881.69 units. Oil prices continue to rise.

On Wall Street, trading shows positive variations this Friday. The S&P 500 rises 0.22% to 6,097.63 points, the Dow Jones increases 0.20% to 44,835.62 units, and the Nasdaq posts a gain of 0.09% to 19,806.98 points. Investors are digesting the January employment report in the U.S. and anticipate it could influence the Fed's monetary policy.

"We expect the U.S. employment data to support the expectation that the Fed would not be in a hurry to resume cuts in the federal funds target," analysts said. In the corporate realm, results from companies like Amazon are being analyzed.

West Texas Intermediate (WTI) rises 0.92% to $71.26 per barrel and Brent increases 0.75% reaching $74.85 per barrel.