The Mexican Central Bank Minutes of the meeting held on April 30 that we released yesterday showed that members were against a rate hike at this point of time and that the costs of hiking rates would be higher than the b…
The Mexican Central Bank Minutes of the meeting held on April 30 that we released yesterday showed that members were against a rate hike at this point of time and that the costs of hiking rates would be higher than the benefits of such a move, especially before the US hikes rates.
Mexico's economy is heavily dependent on crude oil and the fall in crude oil prices has sent shock waves through the economy where one third of the Federal Budget is funded by oil revenues. Inflation is currently around the 3 percent that the Central Bank targets.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
