Nuricumbo + Partners

19/02/2024

NURICUMBO + PARTNERS
Key Economic Indicators
19 February 2024
Week 8
www.nuricumbo.com

In our radar
Germany now world's third largest economy as Japan loses its spot
https://www.euronews.com/business/2024/02/15/germany-now-worlds-third-largest-economy-as-japan-loses-its-spot

Why the U.S. auto industry is freaking out about China's electric cars
https://www.axios.com/2024/02/14/chinese-ev-electric-vehicles-sold-america

How Will Proposed Reforms Shape Mexico’s Politics?
https://www.thedialogue.org/analysis/how-will-proposed-reforms-shape-mexicos-politics/

Mexico
INTEREST RATE: 11.25%
TIIE 28 DAYS: 11.4950%
CETE 28 DAYS: 11.05%
MXN-USD: 17.0602
INFLATION: 4.88%
UDI: 8.099104
INTERNATIONAL RESERVES: 213,176.7M USD
AMLO APPROVAL (Mitofsky/El Economista): 56.2% (Var. 2023 -0.5%)

Capital Markets
Index-Actual-Var. 50-DMA
BMV: 57,132 +1.27%
IBOVESPA: 128,725 -0.56%
DOW: 38,627 +2.38%
NASDAQ: 15,775 +4.24%
S&P500: 5,005 +4.00%
CAC 40: 7,768 +3.10%
DAX: 17,117 +2.05%
FT100: 7,711 +1.35%
HANG SENG: 16,339 +1.17%
NIKKEI225: 38,428 +10.29%

Foreign Exchange (vs. USD)
Index-Actual-Var. 50-DMA
MXN: 17.0360 -0.32%
CAD: 1.3469 +0.43%
GBP: 0.7925 +0.41%
EUR: 0.9273 +0.97%
JPY: 149.9350 +2.90%
BRL: 4.9680 +1.12%

Commodities
Index-Actual-Var. 50-DMA
GOLD: 2,031.80 +0.20%
SILVER: 23.215 +0.53%
OIL (BRENT): 82.97 +5.09%

What we think
Five Artificial Intelligence Stocks That Could Make You a Millionaire
https://www.fool.com/investing/2024/02/16/5-artificial-intelligence-ai-stocks-that-could-mak/

19/03/2021

For over sixty years, the U.S. was the leading innovator of financial technology (or FinTech) in the world. Over the past decade, however, China has become the global leader: Powered by smartphones and social apps, China has used remote payments and the digitization of money management to build a steady vehicle of financial inclusion. But it may not be the leader for long. Recently, African countries such as Nigeria and Kenya have emerged as FinTech hotbeds, and are using inexpensive, accessible tech to mobilize consumers in ways never seen before. To stay competitive, U.S. banks and FinTech companies need to study the factors enabling these successes abroad — and figure out how they can keep pace.

Other countries can learn from how it’s using technology to expand financial inclusion.

18/03/2021

U.S. federal securities laws are founded on the idea that transparency promotes well-functioning capital markets. This is particularly true when it comes to the urgent goal of reducing global greenhouse gas emissions to prevent the devastating impacts of climate change. For companies, those impacts include both physical risks, including the risk that facilities will be destroyed by fire or flood, and risks related to the global transition to a low-carbon economy. That transition may involve extensive policy, legal, technology, and market changes, each with associated risks. For example, policy actions to shift from fossil fuels to green energy and transformative technological innovations, such as electric vehicles and carbon-free grids, may pose financial, liability, competitive, and reputational risks for companies.

With President Joe Biden’s recommitment to the Paris climate accord, all eyes are on the policy changes and investments necessary to chart a course to net-zero global greenhouse gas emissions by 2050—and accounting and independent auditing can help keep the United States on track.

17/03/2021

17/03/2021

Este es el año de la innovación. Es innegable que la pandemia de COVID-19 ha ocasionado desafíos en todo el mundo y en todos los ámbitos. El ambiente laboral se ha sacudido y todas las industrias han tenido que repensar y re-imaginar cómo operar, manteniéndose en contacto tanto con sus clientes como con sus empleados. El 2020 se trató de reaccionar, de poner en marcha planes de contingencia, de acelerar estrategias a largo plazo para realizarlas en cuestión de semanas y de probar prácticas que antes parecían inimaginables, como el trabajo remoto. Dada la velocidad de la pandemia y la necesidad de reaccionar, la tecnología se convirtió en una aliada y promotora para ayudar a esa evolución acelerada.

El ambiente laboral se ha sacudido y todas las industrias han tenido que repensar y re-imaginar cómo operar, manteniéndose en contacto tanto con sus clientes como con sus empleados.