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The weight you ‘lose the mood’ after regrowth of COVID-19 in China

The weight it struck on Tuesday against the dollar, in the midst of a slight increase in the volatility of the coins, in an environment where the appetite for global risk remains in effect after the Federal Reserve (Fed) in the u.s. announced stimulus measures, even greater, and the data in the united States came out better than estimated.

According to data from Bank of Mexico (Banxico), the currency of mexico registered a depreciation marginal 0.32 per cent, or 7 cents, with what the exchange rate was to 22.24 units, this in the scope interbank.
Thus, the weight halted two days of gains.

In window bankthe dollar traded at 22.34 pesos, according to Citibanamex.

During the session, the domestic currency touched a high of 22.3594 pesos per dollar, at 10:00 hours. While the minimum stood at 21.8940 units, at 7:52 hours.

The higher volatility the day came after that China he noted that close again schools due to the outbreak of COVID-19 extends.

The index Bloomberg, which measures the strength of the greenback against a basket of ten currency appreciated 0.15 percent, to the thousand 212 points.

Investors were attentive to the appearance of Jerome Powell, Fed chairman, before the Banking Committee of the Senate of the united States.

The comments of Powell remained uncertain path to economic recovery, however, pointed out that this could be entering in a period of significant improvements in the employmentbut that will leave the labour market “well below the levels robust observed before the pandemic.”

In economic data, retail sales surprised positively to the analysts, to show that these increased in may in most of the forecasting record, and doubles, recovering more ground than expected after a fall without precedents in the previous two months, as more states have allowed more traders reabrieran.

Sales soared 17.7 percent over the previous month. This occurs after a fall, a revised 14.7 percent in April, according to data from the Department of Commerce. The forecast average in a survey by Bloomberg estimated an increase of 8.4 percent in may.

All categories increased in may. Even with the improvement, the value of sales remained 6.1 percent below the level of last year.

In the capital markets are observed gains, mainly in Asia and Europe where the major indices earn more than 2.5 percent. In the meantime, in the united States, the futures market indicates a strong opening.

The prices in the energy market also contributing to the advances. The WTI goes up 1.62 percent. In both, the Brent in London wins 1.51 percent.

In the field of geopolitics, North korea blew a liaison office inter-Korean on their side of the border in the peninsula divided, what is the provocation more serious to the isolated state in years.

The measure, which seems designed to attract the maximum attention of the world without running the risk of an outbreak of new hostilities, occurs days after that the younger sister of leader Kim Jong-un, Kim Yo-jung, issued a statement saying that it was “time” to break the ties with South Korea.

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