Economy

The Mexican peso has been hit harder than most regional currencies in recent trading, and with risk aversion still gripping global markets we anticipate further short-term losses against... 2010-08-24

BMI View: Although consumer prices in Mexico are set to head higher in H210, the central bank will not hike rates anytime soon, and we now expect rates to remain at 4.50% until 2012... 2010-08-17

BMI View: According to weekly data from Mexico's central bank, foreign reserves hit US$103.4bn on July 23, a whopping 40.7% increase from the same period in 2009. As the monetary... 2010-07-30

In late May we argued that US leading economic indicators looked to have peaked (see our online service, May 24, 'No More Hikes In 2010'), and recently released durable goods orders... 2010-07-30

BMI View: From an industry perspective we are turning increasingly positive towards the investment outlook for Mexico's autos and infrastructure sectors, with potentially strong positive... 2010-07-23

We believe Mexican trade data is already showing signs of waning demand from the US, with two consecutive months of lower volumes (in US$ terms) in April and May. With imports following... 2010-06-29

BMI View: While Mexico's fiscal health is being kept in check for the time being, which is helping local debt yields, we see potential for a significant deterioration in investor... 2010-06-29

BMI View: According to recent central bank data foreign reserve levels exceeded US$100bn in June, the first time on record that reserves have moved beyond double-digit territory. The... 2010-06-29

BMI View: According to recent central bank data foreign reserve levels exceeded US$100bn in June, the first time on record that reserves have moved beyond double-digit territory. The... 2010-06-29

Latest data reveal that Mexico's economy grew for the first time since the final quarter of 2008 in Q110, with Latin America's second-largest economy expanding 4.3% year-on-year (y-o-y).... 2010-06-03