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Banxico Economist Survey, Feb Manufacturing PMI Due

  • Coming up at the top of the hour we have S&P Manufacturing PMI and results of the latest central bank economist survey. Analysts are likely to forecast the start of Banxico’s easing cycle in March, although market participants will be keeping a close eye on February inflation data next week, particularly following some of the cautious remarks from some central bank officials this week.
  • With a slightly early release, overseas remittances fell to $4.575b (estimate $4.685b) in January from revised $5.497b in December, according to Mexico Central Bank. - BBG

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