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The president of the United States Federal Reserve, Jerome Powell, testifies to a hearing of the Financial Services Committee of the House of Representatives on “The Semiannual Monetary Policy Report to Congress”, in Capitol Hill in Washington, DC, USA UU., February 12, 2025.
Nathan Howard | Reuters
Deflation signs in China
The National Consumer Price Index of China fell 0.7% in February The previous year, according to data published Sunday for the National Office of Statistics of China. Inflation reading was in negative territory for the first time since January last year, reversing an interannual gain of 0.5% in January. It is also worse than the 0.5% hired expected in a survey of Reuters economists.
The works grow but less than expected
He The US economy added 151,000 jobs seasonally adjusted in February, Better than the 125,000 reviewed down in January, the United States Labor Statistics Office reported Friday. However, the figure is less than the consensus forecast of 170,000 Dow Jones. The unemployment rate obtained more than 4.1% from 4% in January.
Week in red for markets
Friday, the S&P 500 Added 0.55%, the Dow Jones industrial increased 0.7% and Nasdaq compound rose 0.52%. However, The three indices fell in the weekWith the S&P having its worst week since September. Paneuropeo Stoxx 600 index 0.46%fell, marking their First week in red this year. Luxury stocks were among the worst high performance, with Richemont and Burberry more than 5% and almost 7%, respectively.
Tesla shares reverse profits
The prices of Tesla shares have fallen for seven consecutive weeksClose Friday 0.3% at $ 262.67. It is the longest losing streak for Tesla In its 15 years as a public company, and coincides with the time of CEO Elon Musk in Washington, the actions of DC Tesla ended more than 10% and at its lowest level since November 5, the day of the elections, when they closed to $ 251.44.
Wait and look
President of the Federal Reserve Jerome Powell said Friday in a speech In a policy forum that the Central Bank “focuses on separating the noise signal”, referring to the policies of the president of the United States, Donald Trump, in the economy. Regarding interest rates, Fed officials “do not need to be in a hurry and are well positioned to expect greater clarity,” Powell added. Meanwhile, the United States Treasury Secretary Scott Besent, acknowledged on Friday that the economy is “Starting to roll a little“
(PRO) INFLATION READINGS TO SEE
The stock market was mistreated last week due to uncertainties caused by Trump’s policies. This week, investors will monitor the Consumer Price Indices and US producers. UU., Out Wednesday and Thursday respectivelyFor a clearer image of the economy. The index of consumption feelings of the University of Michigan for March, on Friday, will also provide a prevailing mood barometer.
The members of the Ukrainian crew sit in a German Aircraft German tank that is used to aim at Russian launched drones, during the manifestation of the vehicle to the media, on the outskirts of kyiv, on November 30, 2023, in the middle of the Russian invasion of Ukraine.
Roman Pilipey | AFP | Getty images
European leaders drive defense spending amid the uncertainty about Trump’s help to Ukraine
A week since the heated expulsion of the Ukrainian President Volodymyr Zelenskyy of the White House, European leaders have increased the commitment to defense expenses. This week, the European Commission proposed measures for fiscal flexibility in defense spending and a plan to borrow 150 billion euros ($ 163 billion) to provide EU governments for defense capabilities throughout Europe.
With more team, the EU emphasized that it could “greatly intensify” its support for Ukraine, which has depended on both Europe and the United States for military and humanitarian aid during its three -year resistance to Russia’s invasion. In total, the so -called Roarm Europe Plan could mobilize almost 800 billion euros.