Rafael Camarena

Mexico Peso Rallies as U.S. Reports Buoy Prospects for Exports

Mexico’s peso rose the most this year as U.S. reports showing a pickup in retail sales and a drop in jobless claims boosted prospects for the Latin American nation’s top export market.

Mexico Peso Falls Amid Growing Concern Fed Will Taper Stimulus

Mexico’s peso fell for a third day on growing concern the Federal Reserve will taper a stimulus program that has boosted demand for emerging-market assets.

Mexico Industry Output Falls Three Times More Than Forecast

Mexico’s industrial production fell three times more than analysts forecast in March, reinforcing expectations that the central bank will cut interest rates for the second time since 2009 later this year.

Mexico Industrial Production Falls for 1st Month Since ’09

Mexico’s industrial production unexpectedly fell in December from the year earlier for the first time in three years. The peso weakened on speculation the central bank is more likely to reduce borrowing costs.

Mexican Bonds Rally Before Carstens Address; Peso Little Changed

Mexico’s peso bonds gained on speculation central bank Governor Agustin Carstens will signal today a willingness to consider rate cuts.

Mexican Peso Advances the Most in Week on Increased Risk Demand

Mexico’s peso rose the most in a week as speculation that European leaders will make progress in resolving the region’s debt crisis fueled demand for the Latin American country’s higher-yielding assets.

Mexico’s Peso Rallies on Inflation; Bond Yields Fall to Records

Mexico’s peso rose to the strongest since August 2011 after a report showed faster-than-forecast inflation last month, damping speculation that policy makers will cut interest rates to slow the currency’s advance.

Mexico’s Peso Rises as U.S. Jobless Claims Help Export Outlook

Mexico’s peso climbed, advancing for a third day after fewer Americans than forecast filed first- time claims for unemployment insurance, helping the prospects for the Latin American nation’s top export market.

Mexico’s Bond Yields Rise as Safety Trade Ebbs; Peso Declines

Mexico’s local currency bond yields rose to a one-week high, following U.S. Treasuries, as speculation that the economic outlook for both countries is improving reduced demand from investors seeking a haven.

Mexico Unexpectedly Cuts Key Rate for First Time Since 2009

Mexico’s central bank unexpectedly cut its benchmark interest rate for the first time since 2009 as inflation remains within the target range and growth slows. The peso strengthened.

"More than anything else, despite the volatility and uncertainty in financial markets, the connection with the U.S. has significant impact over economic activity in Mexico."

- Rafael Camarena on Jun 13, 2013

Mexico

Europe

Latin America

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