Gestión.- En un contexto más benigno para mercados emergentes, la solidez financiera del país es un factor que no pasa desapercibido a ojos de los inversionistas extranjeros.
BBC.- US Speaker of the House Nancy Pelosi is due to begin an official visit to the Republic of Ireland later. Speaking on the eve of her visit, she said there would be “no chance whatsoever” of a post-Brexit trade deal between the US and UK if there were any weakening of the Good Friday Agreement.
Bloomberg.- The European Union gave the green light to start trade negotiations with the U.S., as both economies seek to rebuild frayed relations a week after threatening each other with billions of dollars in new tariffs over a 14-year-old aviation dispute.
BBC.- President Donald Trump says the US has found agreement on some of the toughest points in trade talks with China.
BBC.- US investment bank Goldman Sachs has been fined £34.3m for failures in the way it shared information with the City watchdog.
Bloomberg.- U.S. factory production slumped for a second month in February, missing forecasts for a pickup, indicating headwinds from the trade war to slower global growth are weighing on manufacturers. Still, the prior month’s drop was revised up.
Gestión.- Los bancos consideran que, en el corto plazo, el dólar fluctuará entre S/ 3.285 y S/ 3.331 luego que en la víspera el BCR intervino en el mercado cambiario comprando US$ 26 millones.
Bloomberg.- Donald Trump regularly touts the strength of his personal relationship with Xi Jinping, talking about the Chinese leader in the sort of warm terms U.S. presidents normally reserve for longstanding allies.
BBC.- Turkey went into recession at the end of last year, according to the country’s official statistics office.
Bloomberg.- The Tax Cuts and Jobs Act of 2017 was as close as the real world gets to a laboratory experiment on whether supply-side theory works in practice. More than one year on, we have an answer. It’s “meh.”
BBC.- The US plans to end preferential trade status for India, under a scheme which allows certain products to enter the US duty-free.
Gestión.- El “progreso sustancial” que China y Estados Unidos han logrado en sus conversaciones comerciales ha sido “bien recibido” en ambos países y en todo el mundo, dijo el lunes un funcionario chino de alto rango.
BBC.- US economic growth slowed to an annualised rate of 2.6% in the final three months of 2018, figures show.
BBC.- Congress has warned the Trump administration that any trade deal with China should secure substantive policy changes.
Bloomberg.- U.S. equity futures fell and stocks dropped in Europe as headwinds emerged from disappointing corporate earnings to geopolitical tension in Asia. The dollar and Treasuries were steady as traders await the second half of Federal Reserve Chairman Jerome Powell’s testimony to Congress.
Bloomberg.- Oil steadied near a three-month high in New York as a U.S. move to extend a trade truce with China raised hopes that the world’s two biggest economies would soon resolve a stand-off on tariffs.
Bloomberg.- Oil extended gains from a three-month high as industry data signaled a limited increase in American crude stockpiles, and on signs that the U.S. and China are moving closer to a trade deal.
Bloomberg.- President Donald Trump may finally get to deliver on his campaign promise to address China’s management of its currency for what he has insisted is its trade advantage. But it would mean an about-face on almost a decade of global economic policy.
Bloomberg.- U.S. equity futures followed declines across Europe as investors awaited fresh clues on the outlook for global trade and growth. The dollar strengthened and Treasuries were steady.
BBC.- Google plans to spend more than $13bn (£10.1bn) this year, as it builds data centres and offices across the US.
El Comercio.- La venta de productos peruanos al exterior creció a una tasa anual de 8,1% en el 2018, pese al retroceso que registró en los meses de agosto y setiembre por menores envíos de minerales y derivados de petróleo.
BBC.- The US economy added a stronger-than-expected 304,000 jobs in January, official figures have shown. The figure was far in excess of economists’ forecasts of 165,000. However, December’s jobs growth figure was revised to 222,000, down from an initial estimate of 312,000.
BBC.- Washington is at a standstill, as US President Donald Trump and Democrats feud over his demand to include $5.7bn (£4.5bn) for a border wall in a new spending bill. The fight has closed parts of federal agencies since 21 December and is on track to be the longest government shutdown in US history.
BBC.- US and Chinese officials have been holding a first day of talks in Beijing aimed at resolving their damaging trade dispute. Last year, both countries imposed billions of dollars’ worth of tariffs on each other’s goods.
Gestión.- Los datos que indican que la industria manufacturera de EE.UU. exhibió la mayor caída en una década surgieron días después de que un informe señalara que la actividad manufacturera se contrajo en China, el mayor consumidor de metales industriales del mundo.
BBC.- US stocks suffered one of the worst weekly falls in a decade as trade tensions with China, interest rate rises and a possible government shutdown rattled markets.
BBC.- Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a $1bn (£790m) investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it the state capital’s biggest private employer.
BBC.- Recessions are painful. Shrinking output tends to mean huge job losses, stagnant incomes and widespread misery. And when that recession is in the world’s largest economy, it’s a major headache for its trading partners, not least the UK which sells 30% of its exports to the US.
BBC.- China has demanded that Canada release the arrested Huawei executive Meng Wanzhou or face consequences. Vice Foreign Minister Le Yucheng separately summoned both the US and Canadian ambassadors and lodged a “strong protest” urging her release. The ministry described Ms Meng’s arrest as “extremely nasty”.
Gestión.- Los agricultores están sintiendo el impacto. Quienes se encuentran en el centro de Illinois podrían pagar hasta 40% más que en años anteriores para almacenar cultivos en las próximas semanas, según el consultor agrícola Matt Bennett.