Markets on Wall Street are expecting a day of low liquidity in the equity market, as no operations will take place in the United States due to the holiday commemorating Presidents' Day. Meanwhile, stock indices in Europe anticipate a session with gains. The DAX in Germany shows a growth of 1.16% reaching 22,743.54 points, followed by Spain's IBEX 35 with an increase of 0.61%, reaching 13,026 points. London's FTSE 100 also registers a gain of 0.28% at 8,757.29 points, and France's CAC 40, around 8,194.64 units, shows an increase of 0.20%.
Analysts from Grupo Financiero Ve por Más highlight that among the main catalysts of the day is the expectation that the European Union will increase defense spending, pressured by the United States, the situation in Ukraine, better-than-expected GDP figures in Japan, as well as signs that the Chinese government will relax its regulatory policy in the technology sector.
As for the stock markets in Mexico today, February 17, 2025, the local market shows mixed numbers. The main index of the Mexican Stock Exchange (BMV), S&P/BMV IPC, operates around 54,215.59 units, reflecting a gain of 0.25%. On the other hand, the FTSE-BIVA of the Institutional Stock Exchange drops 0.11%, standing at 1,089.35 points.
In the international oil market, both contracts report increases of 0.08%. West Texas Intermediate (WTI) is trading at $70.80 per barrel, and the Brent benchmark is at $74.80 per unit.
