Peso remains stable and financial markets operate mixed

Mexico City. The truce in the publication of relevant macroeconomic data favors greater stability in the currency market.

At the opening of the American markets, the Mexican peso remains stable, trading above 16.8672 units per dollar; At the close of Monday, the exchange rate closed at 16.8813 pesos per spot dollar.

Meanwhile, the dollar remains stable, trading with an appreciation of 0.03 percent, at 104,955 units, according to the DXY, which measures the behavior of the US currency against a basket of six international currencies.

Waiting for more statements from members of the Federal Reserve (Fed) to shed more light on interest rate movements in the United States, the US stock markets operate mixed, with the Nasdaq down.

The markets showed great optimism the previous session, waiting for the Fed to reduce interest rates in September.

The barrel of Brent manages to stop the fall it suffered last week and wants to consolidate itself at 83 dollars, but this morning it registers a drop of 0.76 percent, to 82.72 dollars. Israel’s rejection of the ceasefire proposal in Gaza prevents a further decline in the geopolitical risk premium that includes the price of crude oil. The West Texas type barrel, the reference in the United States, repeats close to 78 dollars, with a drop of 0.83 percent, to be quoted at 77.82 dollars.

The recent correction in the price of oil alleviates inflationary tensions, and contributes to a certain extent to the containment of debt interest rates. The required yield on the 10-year US bond falls below the 4.50 percent threshold; this morning at 4.435 percent.