May 27, 2024 11:52 GMT
Focus On Banxico Inflation Report This Week
MEXICO
- On Friday, finance minister Rogelio Ramirez de la O said that there is no imminent debt plan for Pemex and that the government will wait to plan any moves for the company until after the June 2 presidential election in coordination with the incoming administration’s team. He also said that it is by no means granted that the next team will resolve this in the first or second half of this year, as the matter will take time.
- Meanwhile, no macro data are due for release today. Later this week, attention will be on Banxico’s latest inflation report which will be published on Wednesday, followed by April unemployment data on Thursday.
- On the political front, ruling party Presidential candidate Claudia Sheinbaum will hold campaign events in Villahermosa, in Tabasco state from 2030BST(1530ET) today, ahead of the coming weekend’s presidential election.
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