The latest report from the National Statistics Institute (INE) highlights that the recent decrease in inflation in Spain is primarily attributed to the decline in electricity prices compared to the previous year. In September, the Consumer Price Index (CPI) dropped by six tenths, indicating an annual increase of 2.8%. Notably, the CPI, excluding energy and…
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….
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,…
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…
Connected media – Related media On Thursday, Walmart updated its annual projections upward following a nearly 5% increase in quarterly revenue, fueled by heightened activity across its physical stores and online platform, along with better-than-expected sales in non-grocery categories. The retail giant exceeded Wall Street’s predictions for both revenue and earnings, leading to a 6%…
Linked media – Related media Chipotle Mexican Grill is facing a leadership transition as CEO Brian Niccol steps down to take the helm at Starbucks. The unexpected announcement sent shockwaves through the market, with Chipotle’s stock plummeting by nearly 10% on the news. Niccol’s departure marks the end of an era for Chipotle, a period…
Linked media – Associated media Starbucks has tapped Brian Niccol, the former CEO of Chipotle, to lead the coffee giant through a period of sluggish sales and mounting competition. Niccol’s appointment marks a significant shift away from the era of former CEO Howard Schultz, whose frequent returns to the helm have raised concerns about succession…
Associated media – Related media New data from the New York Federal Reserve’s Consumer Expectations Survey indicates a growing sense of optimism among consumers about future inflation. The survey revealed a significant decline in three-year inflation expectations, reaching a historic low. While short-term inflation projections remain relatively unchanged, the overall trend suggests that consumers are…