Tag Archives: USD/MXN
LATAM Daily FX Update
Political uncertainty in Portugal has sent the country’s yields soaring upwards (5yr CDS rose nearly 100bps overnight to 500bps overnight),
The Emerging Markets Weekly: A bumpy transition
As we opined in our Emerging Markets Quarterly, 18 June 2013, EM has entered a transition period to an environment of less ample global liquidity,
LATAM Daily FX Update
One interesting aspect of the moves in EM local rates we’ve seen over recent weeks is that it has not necessarily been the higher beta or
LATAM Daily FX Update
Despite lingering uncertainties in Chinese funding markets (where conditions have improved), Fed policy direction,
LATAM Daily FX Update
Signs that the PBoC could step in to “normalize” domestic financial conditions have helped give markets a boost, as Ling Tao,
LATAM Daily FX Update
The PBoC’s description of the level of liquidity in China as being at “reasonable levels”, despite still relatively high inter-bank funding rates led to
LATAM Daily FX Update
Week‐ahead highlights EPFR reported another strong week of outflows, with hard currency funds recording US$1.4bn in outflows, while local currency’s outflows were smaller,
FX Strategy Weekly
G10: Bernanke will try to assuage market fears over QE tapering at the post FOMC Q&A. The dramatic divide between EUR longs and
LATAM Daily FX Update
European markets shifted back into “bearish mode” overnight, leading most stock indices to soften -0.8% to -1.5%,
LATAM Daily FX Update
European market tone was firmer overnight, with most regional stock indices posting +0.5% to +1.0% gains, while commodities are mixed as copper benefits from stronger sentiment,
LATAM Daily FX Update
Market tone remains dominated by the anticipation of the Fed policy stance shift (QE tapering),
LATAM FX Week Ahead
Major events for the week ahead: • Monday 10: Chinese bank holiday, Colombian bank holiday, US wholesale inventories and sales, Mexican nominal wages & trade balance,