IPC MEXICO (^MXX)
| Previous close | 56,463.99 |
| Open | 56,619.09 |
| Volume |
| Day's range | 56,207.45 - 57,282.33 |
| 52-week range | 47,765.06 - 59,020.55 |
| Avg. volume | 204,980,745 |
- Reuters
EMERGING MARKETS-Mexican peso leads Latam FX down as US inflation data bolsters Fed rate worries
* US economic growth slows in first quarter; inflation surges * Lower iron, nickel and copper prices weigh on Vale's earnings * Cement maker Cemex's Q1 profit climbs despite dip in volumes * Latam FX off 0.4%, stocks down 0.5% By Bansari Mayur Kamdar April 25 (Reuters) - The Mexican peso led losses among Latin American currencies on Thursday, after hotter-than-expected U.S. inflation data reignited concerns that the Federal Reserve would delay cutting interest rates. The MSCI index for Latin American currencies slid 0.4% by 1500 GMT. "LATAM odds of exercising loose monetary policy and stay stimulative are basically cemented."
- Reuters
EMERGING MARKETS-Stronger US dollar halts Latin American currencies' recovery
* Mexico's inflation accelerates, rate cut unlikely in May * Argentina's central bank bullish on inflation outlook * Alpek shares jump after results * Latin American stocks off 0.2%, currencies slip 0.1% (Updated at 3:30pm ET/1930 GMT) By Bansari Mayur Kamdar April 24 (Reuters) - Most currencies in Latin America eased on Wednesday as the dollar regained some ground, with the Mexican peso sliding even as data showing an acceleration in inflation reinforced bets that the central bank will hold interest rates steady. The peso slid 0.7% against a stronger dollar, Brazil's real lost 0.4% and Colombia's peso dropped 1%.
- Reuters
EMERGING MARKETS-Mexico's peso extends slide, Brazil's real jumps on changing rate cut expectations
* Mexican economy grows 1.4% in February from January * Brazil's Campos Neto indicates BCB may slow pace of rate hikes * (Updated at 3:45pm ET/1945 GMT) By Bansari Mayur Kamdar April 22 (Reuters) - The Mexican peso kicked off the week lower on Monday as a strong dollar continued to roil the South American currency, but Brazil's real jumped as its central bank hinted at slowing the pace of interest rate cuts. Meanwhile, data showed Mexico's economy grew 1.4% in February from January and expanded 4.4% from February of 2023. "This is a solid report; the underlying trend is stabilizing, following a poor performance in Q4 and January, and we expect further good news in the near term," said Andres Abadia, chief Latam economist at Pantheon Macroeconomics.
