In the first operations, the Mexican peso appreciates 0.32 percent against the dollar and the exchange rate stands at 19.98 units per dollar. Meanwhile, equity indices in Europe report contractions of 0.75 percent for the IBEX 35 of Spain, which stands at 11,800.11 points. In London, the FTSE 100 declines by 0.70 percent, at 7,513.37 units; in France, the CAC 40 decreases by 0.54 percent towards 7,515.39 points; and the DAX in Germany falls by 0.30 percent, at 19,469.65 points.
In the international oil market, benchmark crude prices interrupt their declines. This week, the last before the U.S. elections on November 5 and the upcoming Federal Reserve meeting, the third-quarter results of Microsoft, Meta, Amazon, and Apple will be presented. On Wall Street, the Nasdaq registers an increase of 0.39 percent, at 18,638.47 points; followed by the S&P 500 with 0.13 percent, at 5,831.34 units; and the Dow Jones with 0.04 percent less, sitting at 42,372.72 points.
"Global equity markets are showing positive movements, awaiting this week’s quarterly reports. Investors will also focus on employment and GDP data in the United States to clarify their expectations for the Fed's easing cycle," detail analysts from Monex.
One week before the Federal Reserve's (Fed) decision, data showed that job vacancies in the United States reached their lowest level since early 2021, while consumer confidence rose to its highest level since the beginning of the year. However, even a positive report can be overshadowed by concerns over the unquantified costs of antitrust actions.
Bitcoin surpassed $71,000 for the first time since June, driven by capital inflows into exchange-traded funds, as well as speculation about the possible outcome of next week's U.S. elections.
Locally, both stock exchanges return to negative territory, as the S&P/BMV IPC of the Mexican Stock Exchange declines by 0.71 percent, at 51,447.70 points, and the FTSE-BIVA of the Institutional Stock Exchange falls by 0.53 percent with 1,059.67 units. Meanwhile, the Mexican peso returned to the 19-unit range on October 29.
Equity trading in the United States continues to show positive variations as the market awaits quarterly reports from technology companies. Traders are also preparing for Alphabet's results, which are expected to show that long-term growth trends remain intact.
West Texas Intermediate (WTI) increases by 0.30 percent, standing at $67.58 per barrel, and the benchmark Brent rises by 0.21 percent, currently at $71.57 per unit. With information from Bloomberg and EFE.
