Markets are mixed overnight as a “loaded second half of the week” kicks in, with the ECB’s rate decision scheduled for today, and the all‐important “US non‐farm payrolls” looming on Friday. European equities are trading on both sides of flat, as are commodities with copper down >1%, and oil up +0.6%. In LATAM, overnight proxy MXN is flat, but continues to threaten a break of 12.85 which could signal a test of 13.0. Today’s scheduled indicators include: US Household change in net worth, Mexican gross fixed investment, FGV IGP‐DI inflation, Anfavea auto‐output, BCB COPOM meeting minutes, Chilean monthly economic activity, Colombian exports
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Scotiabank
