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Banxico Inflation Report Due At 1930BST / 1430ET

MEXICO
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
  • Wednesday marks the last day of election campaigning, with ruling party candidate Claudia Sheinbaum remaining well positioned ahead of Sunday's vote. She has a 25-point lead over the main opposition contender, Xóchitl Gálvez, whose voter intention remains flat. Third-place candidate Jorge Álvarez Máynez continues to poll near 11%.
  • Today, Sheinbaum holds a rally in Mexico City at 0000BST(1900ET), while opposition candidate Galvez will hold a rally in Monterrey at 0100BST(2000ET).
  • Meanwhile, Banxico will publish its Quarterly Inflation Report tomorrow, with updated forecasts for growth and inflation over the relevant monetary policy horizon. Analysts expect the central bank to raise its inflation forecasts from the previous QIR, consistent with the upwardly revised forecasts of the May 9 MPC meeting, while the GDP growth forecast may be trimmed after the soft start to 2024.
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  • Wednesday marks the last day of election campaigning, with ruling party candidate Claudia Sheinbaum remaining well positioned ahead of Sunday's vote. She has a 25-point lead over the main opposition contender, Xóchitl Gálvez, whose voter intention remains flat. Third-place candidate Jorge Álvarez Máynez continues to poll near 11%.
  • Today, Sheinbaum holds a rally in Mexico City at 0000BST(1900ET), while opposition candidate Galvez will hold a rally in Monterrey at 0100BST(2000ET).
  • Meanwhile, Banxico will publish its Quarterly Inflation Report tomorrow, with updated forecasts for growth and inflation over the relevant monetary policy horizon. Analysts expect the central bank to raise its inflation forecasts from the previous QIR, consistent with the upwardly revised forecasts of the May 9 MPC meeting, while the GDP growth forecast may be trimmed after the soft start to 2024.