Private analysts expect a deeper downturn in the economy of Mexico this year and a slight recovery in 2010, a poll showed the central bank.

Analysts predict a contraction of Gross Domestic Product (GDP) of 6.3% this year, higher than the 5.8% who were expecting a month earlier, according to the June survey from the Bank of Mexico (central) 30 analysis groups and foreign .

The private sector in the first world economy that has just published in June destroyed 473,000 jobs, more than expected. However, involves less destruction of jobs since October 2008. This report generally anticipate monthly unemployment data from being carried out overnight.

According to a widespread company Automatic Data Processing (ADP), the increase in job destruction than expected means that the improvement of conditions in the labor market is slowing, despite other economic indicators show that the worst the recession has passed.

The big car manufacturers reported improved sales of autos in the U.S. in June, compared with recent months, notably Ford Motor, despite continuing losses in the sector.

The U.S. car maker General Motors announced that its United States sales fell 33.6% in June over the same month of 2008.

These figures hide different trends, as retail sales increased 10% over the previous month, according to the manufacturer. In contrast, sales to rental companies and others operating large fleets fell 49 percent.

China has renewed its call for the creation of a currency to reduce the hegemony of the dollar in the international monetary system.

In its annual financial stability report, the Chinese central bank did not mention by name the dollar, but said it was a major currency that has a mastery over others.

"An international monetary system dominated by a single currency sovereign intensified the concentration of risk and the spread of the crisis," said the People's Bank of China.

Spending by Americans rose by 0.3% in May, while revenue grew 1.4%, more widely than expected and the largest increase in a year, official figures showed on Friday.

The rise in spending, which represents about 70% of U.S. economic activity, is located right in line with expectations, while increasing revenue in excess of the 0.3% increase expected by analysts consulted by Reuters.

Spending rose for the first time since February after having remained stable in April, the Commerce Department said.

Michael Jackson has died, it is true, is not a lie. I can not find words to express what a fan might think about it, but my whole life I've listened to Michael Jackson, since that first success with the Jackson 5, ABC, via Thriller, Bad, Billy Jean, Dangerous and many successes echoing in my head.

Has died a decade and I was dead for a decade that Michael Jackson was inspired by many artists, his legacy goes well beyond even the pop, funk, break dance, rap among them.

New roof for the very short term bullish channel with tangential acceleration and nothing that could not be expected.

Status of Short-term:

Again the rising channel upward acceleration that keeps the euro / dollar brake on prices. Logical and normal to very overbought short term and necessary step to further increase the current. Neither can climb every day, and there is no other way to correct a tendency to solidify. The prices are not relevant in the slightest doubt that within the channel shown in the accompanying graph.

Status trend:

The trip to China from U.S. Treasury Secretary Timothy Geithner, is giving a lot to talk about. The financial situation of the U.S., and its dependence on the Chinese financing, which makes the relations between the two countries are very sensitive.

The ECB kept rates at 1% and revised downward its growth forecasts for 2009 and 2010. In cocnreto estimates that GDP in the euro area could get up to 5.1% this year and 1% next.

In the traditional press conference following the meeting of the ECB Governing Council, which considered "appropriate" to keep interest rates steady at the historical low of 1%, the head of monetary policy in the eurozone announced some details of the purchase of mortgage bonds announced on May 7.

If last February entities at risk of bankruptcy in the U.S. amounted to 500, recent reports from independent analysts raise this figure to about 1,800 banks. 20% of the U.S. financial system.

According to official data, although not published, the Deposit Guarantee Fund of the USA (FDIC) about 500 banks are at risk. However, this figure falls short in light of recent reports from independent analysts.