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CITY OF MEXICO (THE UNIVERSAL) .- Market participants will start the week incorporating the results of the elections in Mexico, both for the President of the Republic and for the Congress of the Union .
Investors are also equating the outcome of the governments involved: Mexico City, Chiapas, Guanajuato, Jalisco, Morelos, Puebla, Tabasco, Veracruz and Yucatan.
The vote count will begin at 18:00 on Sunday and close at 18:00 on Monday 2, with updates every 20 minutes.
The National Electoral Institute (INE) predicts that Monday at 8:00 am, an 82% advance will be possible. l & # 39; information. However, the result with legal validity is given by the official calculation, which will take place from July 4th.
In another issue, the Bank of Mexico will publish the results of its investigation. on the expectations of private sector economists and figures of remittances from families, both at 9:00 o'clock.
In the United States, the Institute of Management and Procurement (ISM, by its acronym in English) report the situation of the manufacturing industry at the same time, based on the 39, Purchasing Management Index (PMI).
Experts predict that the indicator will reach 56.8 units in June, after recording 56.3 in May
On Tuesday, May 3, the report highlights retail sales and orders for goods in the United States, as well as Markit's manufacturing PMI in China.
On Wednesday, US markets will remain closed. , for Independence Day celebration, but they will report the PMI in the eurozone
On Thursday, investors will pay attention to the Bank of Mexico and the Federal Reserve (Fed), which will issue the lawsuit respectively of their last meeting. Monetary policy, which coincided with a 25-basis-point increase in its benchmark interest rate
On that day, the world's largest payroll processor, ADP, will inform about the creation of Jobs in the US private sector.
In Mexico, they will give the gross figures of fixed investment and the consumer confidence index, while CitiBanamex will publish the results of their survey on the private sector economic expectations.
Friday the 6th report on the employment situation in the US Union, for which analysts expect the creation of 200 thousand jobs in June, after recording 223 000 new jobs in May, and that the unemployment rate is maintained at 3.8% and will present data of industrial production in Germany that day and inflation corresponding to Brazil
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