FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MXN On Front Foot, February Gross Fixed Investment Data Due

MEXICO
  • USDMXN sits down 0.25% around 16.95, broadly in line with further greenback weakness on Friday, as we await the key employment data from the US. Lower yields in the US and the local market holiday on Wednesday prompted a large adjustment for TIIE swap rates during yesterday’s session, with 10-year TIIE roughly 23bps lower. At a local level, the latest Banxico survey of expectations saw a moderate increase for 2024 year-end headline CPI, however, core metrics were revised lower.
  • Shortly before the US figures, Mexico’s statistics institute will publish data on gross fixed investment for February. Data is due at 1300BST/0800ET:
    • Feb. Gross Fixed Investment SA MoM, est. -0.1%, prior 0.1%
    • Feb. Gross Fixed Investment NSA YoY, est. 12.7%, prior 15.3%
    • Feb. Private Consumption YoY, est. 5.2%, prior 2.9%
  • Separately, constitutional reforms pitched by Mexico President AMLO are a threat to judicial independence, violate international legal standards and undermine democracy, three law and advocacy groups said Thursday.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.