Soul Life

A 50-point rise in rates would raise profits by up to 20%   The position of the European Central Bank (ECB) of bringing forward  a possible rise in interest rates to this year to correct inflation  leads one to anticipate that times of fat cows will come for banks, as their stock prices already reflect during the last week in a burst of optimism.  However, beyond the effect that an improvement in rates will have on your accounts, since  between 60% and 70% of your mortgage portfolio is referenced to variable , the sector will have to face the disarmament of the stimuli put in place during the pandemic with its pertinent challenges at the same time.  In the balance, positive effects are weighed, such as the impact of the arrival of European funds or the synergies that the adjustments made will leave, but on the negative side there remains the uncertainty about delinquency or the end of cheap liquidity.  The experts consulted by  elEconomista  ...

  The peso was trading at 20.52 per dollar near the end of the session;  meanwhile, the benchmark local stock index S&P/BMV IPC rose 1.20%. Reuters.-  The peso erased gains this afternoon after  warnings from the White House of an imminent Russian invasion of Ukraine,  while the stock market advanced at the end of a week marked by inflation data from the United States and Mexico as well as an aggressive increase in prices. the local benchmark interest rate. The peso closes at 20.52 per dollar unit The benchmark local stock index S&P/BMV IPC rose 1.20% to 53,229.26 points with a volume of 188.4 million shares traded. The stock market posted a weekly cumulative gain of 3.85%, the steepest since the first week of January.  The weekly advance of the peso was 0.68% US consumer price data for January beat expectations on Thursday, bolstering bets that the Federal Reserve will raise the cost of credit several times this year starting in March. On the other...

  The organizations demanded that the Mexican government take action to prevent violence against journalists;  There are 6 murdered in the year. “The murder of Heber López highlights the vulnerability of those who carry out journalistic activity far from the largest urban centers.  It is essential that authorities and society support the essential journalistic activity that allows all people to have access to plural information”, said Jesús Peña, deputy representative of the UN-DH in Mexico. López, who was shot dead on Thursday in his office, was director of the Noticias Web portal and his death was confirmed by his brother Irving López Vásquez, who also works as a communicator. “The journalist Heber López Vásquez had a recognized track record in the area, having worked in various media and founded his own digital media, Web News, which provided local information, including political and corruption issues, with remarkable coverage in the area. ”, expressed the UN-DH. Irvi...