- Mexico’s GDP for Q2 2024 grew 2.2% YoY on its preliminary reading, above estimates of 2% and the previous quarter's 1.6% expansion.
- Last week, Mexico’s June Balance of Trade was $-1.073 billion, missing the consensus of $1 billion.
- US Job Openings and Labor Turnover Survey (JOLTs) came at 8.184 million, exceeding estimates of 8 million, but were lower than May’s revision up to 8.23 million.
- Conference Board revealed that Consumer Confidence in July surprisingly rose to 100.3, exceeding the 99.7 consensus and June’s downward revision from 100.4 to 97.8.
- Data by the Chicago Board of Trade (CBOT) shows that traders are pricing 54 basis points (bps) of easing toward the end of the year, as shown by the December 2024 fed funds rate futures contract.
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