What are the markets waiting for Wednesday, August 1st?



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Investors' attention will be in the monetary policy decision of the US Federal Reserve (Fed). In addition, data on employment, the real estate sector and the energy sector in this country will be published.

In Mexico, the focus will be on the figures for remittances and manufacturing.

UNITED STATES

Although it will be released until 1:00 pm, the announcement of the Fed's Federal Open Market Committee (FOMC) monetary policy will be the highlight of the session . Analysts expect the benchmark rate to remain unchanged until the September meeting where a change is made

Regarding economic indicators, the activity will begin at 7:15 am, when the ADP consultant will unveil the performance of the private payroll in July. Analysts surveyed by Bloomberg predict that businesses created 186,000 new jobs last month, more than in June.

Later, at 8:45 am, consultant Markit will unveil his final index Manufacturing PMI in July, which should show no change.

A few minutes later, at 9:00, the Census Bureau will publish construction expense data in June. At the same time, ISM manufacturing will be published in July. For this indicator, a slight decline is expected at 59.3 points after the 60.2 observed in June.

At 9:30, the Energy Information Administration (EIA) will publish the inventories of oil and its derivatives up to July 27.

MEXICO

On the local market, activity will begin at 8:00, with Inegi indicators derived from the monthly survey on the opinion of companies which includes confidence data, expectations and orders during the month of July.

An hour later, at 9:00, Banco de México will publish the amount raised by the discounts in June and survey on the expectations of specialists of the economy of the sector private in July.

Finally, at noon, the IMEF will release the country's non-manufacturing index in July.

EUROPE

In the Old Continent, the most remarkable information of the day will be the PMI manufacturing indicators of Spain, Italy, France, Germany and the United States. eurozone.

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