French police evacuated the area around the Eiffel Tower after a man was seen climbing the Paris landmark hours before the closing ceremony of the Olympics. The man was seen climbing the 330m tower in the afternoon. It is not clear where he started his ascent, but he was seen just above the Olympic rings … Read more
Mexico City. The peso and the Mexican Stock Exchange (BMV) fell on Friday, dragged down by an adverse climate for risk assets, following a weak report on the labor market in the United States that, while supporting expectations of an upcoming rate cut by the Federal Reserve (Fed), fueled concerns about the health of the … Read more
Mexico City. Despite the fact that risk appetite strengthened as the session progressed on Tuesday, the Mexican peso extended its losses against the dollar, awaiting new clues in international monetary policy and in the face of weak economic growth in Mexico. The Mexican currency registered a daily depreciation of 0.73 percent on Tuesday, equivalent to … Read more
Mexico Metropolis. Geopolitical considerations and the escalating commerce struggle between the USA and Asia prompted a sell-off in expertise shares on Wall Avenue on Wednesday, as buyers fearful about how the disputes would influence firms within the sector. The tech-heavy Nasdaq alone fell 2.76 %, its greatest drop since Dec. 15, 2022, to shut at … Read more
Mexico Metropolis. The political and industrial effervescence crashed into the monetary markets on Thursday. The viability of Joe Biden’s candidacy to stay within the White Home and the elevated chance of Donald Trump returning there, triggered danger aversion amongst traders, who removed positions in dangerous monetary property, resembling within the inventory market and alternate charges … Read more
Books – Ahmed Yaqoub Monday, July 22, 2024 02:09 PM Eliminating the deficit in web overseas property to document a surplus of $10.3 billion on the finish of June, in comparison with a deficit of $11.4 billion in January 2024. Overseas investments exceed worldwide security requirements and document an all-time excessive of $46.38 billion 200% … Read more
Mexican markets closed their greatest week because the June 2 elections, attributable to rising expectations that the US Federal Reserve (Fed) will lower rates of interest and that the Financial institution of Mexico will preserve them unchanged for longer. Throughout the session, the peso recovered 16 cents and in wholesale operations it closed at 17.62 … Read more
In a optimistic day for international markets, amid expectations of an early charge lower in the US, the Mexican peso reached its greatest stage in opposition to the greenback within the final six classes. The nationwide forex registered a every day appreciation of 0.46 %, to 18.1864 models per spot greenback. Based on information from … Read more
Mexico Metropolis. With out reference from the US markets, which had been closed for the celebration of america’ ‘Independence Day’, the Mexican peso continued to reap the benefits of the worldwide weak point of the greenback and strengthened in the direction of 18.0873 models per spot greenback. The Mexican forex got here just a little … Read more
The Mexican peso rose in opposition to a weakened greenback and had the second finest efficiency amongst its friends within the area. Nevertheless, the Mexican foreign money closed the primary half of the 12 months with a depreciation of seven.77 %, after having registered in latest months the most effective ranges in not less than … Read more