MXE News and Press, Mexico Equity and Income Fund Inc. From 05/14/20

Mexico's central bank cuts its benchmark interest rate to 5.5% , its lowest level since December 2016 and expects the country's economy to worsen in Q2 due to the COVID-19 pandemic. More news on: iShares MSCI Mexico Capped ETF, Mexico Fund, Direxion Daily MSCI Mexico Bull 3X ETF, Global n...

Within the Latin American (Latam) space, we do see the Mexican Peso (MXN) has been one of the worst performing emerging market currencies with a negative spot return of 32% at the point of writing since the start of the year. The negative economic outlook, political tensions in Brazil and risk...

The Mexican peso dives 3.6%  against the U.S. dollar to 22.734 per dollar as the Federal Reserve's emergency rate cut failed to soothe the global financial markets. More news on: iShares MSCI Mexico Capped ETF, Mexico Fund, Direxion Daily MSCI Mexico Bull 3X ETF, Global news and fore...

Author's note: This article was released to CEF/ETF Income Laboratory members on Feb. 24, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight re...

In response to the global markets selloff, Mexico is increasing the size of a currency hedging program it started three years ago, in an effort to bolster the peso that hit a new historic low over 22 to the dollar in overnight trading after oil prices plummeted. More news on: iShares MSC...

Note: CEF/ETF Income Laboratory members had early access to this article. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upco...

Author's note: Data in this report are from January 31, 2020. Please check latest data before making investment decisions. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, a...

President Andrés Manuel López Obrador (AMLO for short) has been in power for nearly two years. He won the presidency of Mexico on the proclamation of left-winged populism and ending corruption within the Mexican state. This had led to market fears of an abrupt break with orthodox eco...

By Alejandro Werner, Director of the Western Hemisphere Department of the International Monetary Fund Economic activity in Latin America and the Caribbean stagnated in 2019, continuing with the weak growth momentum of the previous five years and adding more urgency and new challenges to re...

The U.S. Senate passes a revamped North American trade agreement, sending the accord to President Trump's desk for signing. More news on: iShares MSCI Mexico Capped ETF, iShares MSCI Canada ETF, Invesco CurrencyShares Canadian Dollar Trust ETF, News on the U.S. economy, Global news and f...