MXE News and Press, Mexico Equity and Income Fund Inc. From 12/09/19

The Mexican peso reaches a session high after a report that the White House and House Democrats are close to a revised North American trade agreement. More news on: iShares MSCI Mexico Capped ETF, Mexico Fund, Mexico Equity&Income Fund, News on the U.S. economy, Global news and forex, ...

Rules governing steel and aluminum in cars have emerged as the latest obstacle to completing a revised NAFTA agreement between the U.S., Mexico and Canada in time for congressional approval by year-end, Bloomberg reports. More news on: VanEck Vectors Steel ETF, First Trust Exchange-Trade...

House Democrats and the Trump administration failed to reach an agreement on President Trump's North American trade deal during a meeting today. More news on: iShares MSCI Mexico Capped ETF, iShares MSCI Canada ETF, Invesco CurrencyShares Canadian Dollar Trust ETF, News on the U.S. economy...

Last week, we witnessed the central bank of Mexico slashing its overnight interbank interest rate by 25 basis points to 7.50%. The Mexican peso traded higher after Banxico lowered the borrowing costs for the third time this year. The key question would be whether will we see another leg higher...

Back in July, I argued my bullish view on the Mexican peso. The currency had shown surprising strength against the U.S. dollar, and with the renegotiating of the NAFTA agreement coupled with higher interest rates in Mexico attracting investors - I hypothesised we would see a further rise in th...

By Anujeet Sareen, CFA As investors navigate the tactical skirmishes of President Trump's strategic battle on global trade, it's worth taking a step back to observe how different countries are responding to changes in currency and interest rate values. And on this basis, Mexico's external ...

Overview The US dollar is rising against nearly every currency today as global growth concerns deepen. Japan's Tankan Survey showed large manufacturers' confidence is at a six-year low. The Reserve Bank of Australia cut 25 bp, as widely expected, and kept the door open for more. The final EM...

Mexican Pres. Lopez Obrador confirms a deal to end a standoff with several natural gas pipeline operators over contract prices, allowing them to avoid international arbitration and begin increasing gas deliveries across the country. More news on: TC Energy Corporation, Sempra Energy, Gru...

Mexico's central bank is latest to cut rates , as the country struggles with a stagnating economy amid rising risks to global growth. More news on: iShares MSCI Mexico Capped ETF, Mexico Fund, Mexico Equity&Income Fund, Global news and forex, News on ETFs, Read more ...

Last July, I wrote a long Mexico article based on the iShares MSCI Mexico Capped ETF ( EWW ). Needless to say, I have yet to be proven correct. While the "Obrador election rally" I expected did occur, it was short-lived, as the October global equity crash pushed the Mexican peso significantl...