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AMEXHI Oil Convention, Finance Ministry To Sell Bondes G

MEXICO
  • With poorer risk sentiment prevailing across global markets on Tuesday and regional banks back in the spotlight, the Mexican peso did come under some renewed pressure. USDMXN rose around 1% to trade just below 18.15 but has since pared some of these gains amid the broad greenback weakness during today’s session. The focus remains on next key support at 17.8981, the Mar 9 low.
  • Interior Minister Adan Augusto Lopez will continue to lead the daily press conferences as President AMLO recovers from his third bout of Covid-19.
  • Mexico’s Finance Ministry will sell up to 15b pesos of environmental, social and governance instruments known as Bondes G in an auction.
  • Oil industry association AMEXHI holds National Petroleum Convention, with Energy Minister Rocio Nahle giving the opening speech at 9am local time.

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