Mexican peso implied volatility rose to a two-week high as an acceleration in U.S. manufacturing stoked concern the Federal Reserve will cut a stimulus program that has buoyed the Latin American country’s securities.
Alfa SAB’s Sigma Alimentos food unit offered 675 million euros ($908 million) for Madrid-based sausage maker Campofrio Food Group SA in a bet on European expansion by Mexico’s largest processed-meats producer.
Spanish developer Luis Gonzalez Chozas used to boast of the nobility of the horses at his 600- hectare (1,480-acre) hunting estate in the lee of the San Pedro Hills, one of the best for boar and deer in the region.
Mexico’s peso rose to a three-week high on speculation U.S. lawmakers will reach an agreement to end a fiscal impasse that has damped the outlook for the Latin American country’s biggest trading partner.
Mexico’s peso climbed to a two-week high on speculation U.S. politicians will agree to raise the debt ceiling, easing concern that their budget impasse will stall the Latin American nation’s biggest export market.