I just reviewed this week's economic data, and there's quite a bit of interesting movement. Mexico closed February with figures worth analyzing: the PIB grew 0.8% in 2025, inflation accelerated to 3.92% in the first half of February, and the labor market generated nearly 293,000 jobs. Nothing spectacular, but not too bad considering the global context.

What caught my attention the most was how the markets reacted. The Mexican peso had a tough Friday, closing at 17.2318 per dollar, but surprisingly, February ended with a cumulative gain of 1.08%. The BMV gained 0.02% in the last session, although it has been rising for four consecutive months. It's interesting to see how the local market continues to outperform its international peers.

On the global front, the Eurozone moderated its inflation to 1.7% in January, while in the United States, business production costs increased more than expected, rising 0.5% month-over-month. Wall Street didn't take it well: the Dow Jones fell 1.05%, the S&P 500 declined 0.43%, and the Nasdaq lost 0.92%. The Nasdaq experienced its worst monthly decline in a year.

What's interesting is that while traditional markets face volatility due to doubts in technology and AI, other assets like Bitcoin are seeking to position themselves as alternatives. Considering the dollar's weakness in some emerging markets, conversions like 0.25 BTC to EUR could be relevant for traders looking to diversify outside of fiat currencies.

Canada had a tough quarter with a contraction of 0.6%, but Argentina rebounded 4.4% in 2025 after falling in 2024. Mexico attracted a record level of FDI with $40,871 million. The numbers are there; now it's a matter of seeing how markets respond in the coming weeks.