^MXX - IPC MEXICO

Mexico - Mexico Delayed Price. Currency in MXN
42,216.03
+24.11 (+0.06%)
At close: 3:16PM CST
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Previous Close42,191.92
Open0.00
Volume0
Day's Range0.00 - 0.00
52 Week Range
Avg. Volume155,665,746
  • EMERGING MARKETS-Latam FX firm as dollar drops; U.S. tariffs pressure stocks
    Reuters

    EMERGING MARKETS-Latam FX firm as dollar drops; U.S. tariffs pressure stocks

    * Trump to restore tariffs on metal imports from Brazil, Argentina * Latam FX gain as dollar drops after weak U.S. manufacturing data * Brazil stocks rise after strong manufacturing data * Chilean peso firms as central bank intervention kicks in By Susan Mathew Dec 2 (Reuters) - A dollar weakened by poor U.S. economic data helped Latin American currencies brush off the re-imposition of U.S. tariffs on steel and aluminum imports from Brazil and Argentina on Monday. Brazil's real firmed 0.4% with a spot auction by the central bank supporting the currency, while the Argentine and Mexican pesos were flat against a dollar that slid on weak U.S. manufacturing data. Surprising officials in the two South American countries, U.S. President Donald Trump said on Monday he would restore tariffs on U.S. steel and aluminum imports, accusing them of devaluing their currencies to the detriment of U.S. farmers.

  • EMERGING MARKETS-Chile peso at new low on slow mining data, unrest; other Latam FX drop too
    Reuters

    EMERGING MARKETS-Chile peso at new low on slow mining data, unrest; other Latam FX drop too

    Chile's peso slid 1.5% to 737.53 to the dollar, an all-time low and stocks tumbled 3.1% to a eight-week trough. The country's manufacturing production dropped in September from a year ago amid a decrease in mining production, government data showed. Analysts worry about deteriorating economic activity in Chile - the world's biggest producer of copper as a recent political crisis has seen union workers at BHP's Escondida copper miner go on strike.

  • EMERGING MARKETS-Trade optimism lifts Latam currencies, Argentine election awaited
    Reuters

    EMERGING MARKETS-Trade optimism lifts Latam currencies, Argentine election awaited

    Adding to overall optimism, the U.S. Trade Representative's office said U.S. and Chinese trade officials were "close to finalizing" some parts of an agreement.

  • EMERGING MARKETS-Latam stocks scale one-month highs on China-U.S. trade optimism
    Reuters

    EMERGING MARKETS-Latam stocks scale one-month highs on China-U.S. trade optimism

    The Sao Paulo. index rose 1%, with materials stocks pushing up the index the most. Chilean stocks rose about 0.3% and were slated for a seventh straight session of gains. The Mexican peso rose about 0.4% to near a one-month high.

  • EMERGING MARKETS-Latam stocks buoyed by stimulus hopes, trade optimism
    Reuters

    EMERGING MARKETS-Latam stocks buoyed by stimulus hopes, trade optimism

    MSCI's index of Latin American stocks rose 1.3%, holding near a one-month high, mirroring gains across global stock markets.

  • EMERGING MARKETS-Most Latam currencies firm on trade optimism, stocks largely down
    Reuters

    EMERGING MARKETS-Most Latam currencies firm on trade optimism, stocks largely down

    (Updates prices) By Susan Mathew June 26 (Reuters) - Latin American stocks mostly fell and Brazil's real traded flat on Wednesday, while most other regional currencies firmed on measured optimism around the Sino-U.S. trade dispute. Against a steady dollar, most Latam currencies recovered from losses logged last session after comments by U.S. Federal Reserve officials quashed hopes of a half-point cut in interest rates. Mexico's peso firmed 0.5% after three days of losses, while Colombia's currency rose 0.1% with support from rising oil prices.

  • The Market’s Obstacles Are Both Macro and Micro
    Bloomberg

    The Market’s Obstacles Are Both Macro and Micro

    Everyone knew China’s economy was slowing, so blaming the Asian nation for a setback was just a convenient excuse to mask a deteriorating business, like when retailers blame the weather for a slump in sales. Apple’s announcement probably would have had only a short-term negative impact on equities, with traders coming around to the idea that Apple’s problems were of its own making if not for a disappointing manufacturing report Thursday morning from the Institute for Supply Management. Its December index of new orders — a key leading indicator of future activity — fell to a level that barely registered as growth.

  • CNBC

    UPDATE 1-Mexico stocks post worst quarter in 17 years, government weighs

    Mexico's main stock index closed out its worst quarter in over 17 years on Monday, dragged down by doubts about how the new leftist government will manage the economy as well as concerns over global growth and trade. The S&P/BMV IPC stock index lost 15.89 percent in the fourth quarter, its steepest drop for a three-month period since the third quarter of 2001, when the Sept. 11 terrorist attacks hit the United States. Before taking office earlier this month, President Andres Manuel Lopez Obrador rattled financial markets when on Oct. 29 he said he would scrap a partly built $13 billion new Mexico City airport on the basis of a straw poll that was widely criticized.

  • When the Dollar Talks, the Fed Should Listen
    Bloomberg

    When the Dollar Talks, the Fed Should Listen

    The Bloomberg Dollar Spot Index, which measures the currency against a basket of its main peers, tumbled as much as 0.84 percent Thursday in its biggest decline in seven weeks. As one of the ultimate havens in global markets, the dollar should be benefiting from the current turmoil in risky assets and rising concern about a global economic slowdown. “When a central bank is more hawkish than expected and its currency drops, you are witnessing the collective wisdom of the global market.” In another blow to the dollar, the Bloomberg Consumer Comfort Index’s monthly expectations gauge fell to a one-year low in December as more respondents said the economy is getting worse.