Without US reference, Mexican financial markets close mixed

Without US reference, Mexican financial markets close mixed

Mexico City. In a session without the reference of the United States, the financial markets in Mexico closed with a mixed balance this Monday. On the eve of the outcome of the reform of the Judicial Branch in the country, the Mexican peso showed a daily depreciation against the dollar by 0.47 percent, equivalent to … Read more

Financial markets were uniformly down on Tuesday

Financial markets were uniformly down on Tuesday

Mexico City. In the face of warning signs regarding the national and global economy and the start of discussions in the legislature on the reform of the judicial power in Mexico, the Mexican financial markets, along with those in the United States, operated on Tuesday in a sharp decline. The Mexican stock and exchange markets … Read more

The Mexican peso falls to 19.83 per spot dollar this Thursday

The Mexican peso falls to 19.83 per spot dollar this Thursday

Mexico City. Following the publication of US GDP data, which surprised markets with figures higher than previously expected, the dollar strengthened internationally, causing ups and downs and a depreciation trend in the Mexican peso on Thursday, returning to the 20-unit mark per dollar. The Mexican currency returned to losses, after the pause made in the … Read more

Inflation data supports financial market gains

Inflation data supports financial market gains

Amid moderate gains in the U.S. and Mexican stock markets, the Mexican peso recovered ground, closing Wednesday below the psychological level of 19 units per spot dollar, after the U.S. inflation data strengthened the outlook that the Federal Reserve (Fed) could lower interest rates in September. The Mexican currency reported a daily appreciation of 0.90 … Read more

Bitcoin: These are the new stars on the crypto market

Bitcoin: These are the new stars on the crypto market

Every three months, the members of the DER AKTIONÄR Crypto TSI Index are examined for trend strength. Weak cryptos are replaced by stronger ones – these are the new stars on the crypto market. It was a week ago when the crash in Japan’s leading index led to a significant price correction on the financial … Read more

Fears of a US recession shake stock markets

Fears of a US recession shake stock markets

Paris. Stock markets around the world plunged on Monday as investors feared that a slowing US job market could lead to a recession. “There is chaos in the financial markets,” said Stephen Innes, an analyst at SPI AM, with the “trigger” being the US jobs report released on Friday, which showed a bigger-than-expected slowdown, with … Read more

Bitcoin falls more than 7% with global instability in the markets

Bitcoin falls more than 7% with global instability in the markets

Madrid. Bitcoin plummeted by more than 8% on Monday, in line with the world’s major stock market indices, due to doubts about the US economy and technology companies after the main companies recently published results. In this way, the crypto asset par excellence fell by 7.37% today, to $54,334.3, at around 7:00 p.m. Spanish peninsular … Read more

Financial markets moderate morning losses, but declines continue

Financial markets moderate morning losses, but declines continue

Mexico City. Financial markets in the Americas continue to post losses at mid-session. With markets already closed in Asia and Europe, Wall Street and the foreign exchange markets continue to post significant losses, although they have reduced them compared to the start of the session on Monday. At mid-session, the Mexican peso fell from its … Read more

This threatens to cut off Kamala Harris’s well-started presidential journey – 2024-08-08 03:24:34

This threatens to cut off Kamala Harris’s well-started presidential journey
 – 2024-08-08 03:24:34

US inflation and a potential recession could be poison to Vice President Kamala Harris’ presidential campaign. According to Politico, Monday’s stock market crash was a reminder that Harris’ “honeymoon” cannot last forever. Julia Nikhinson – Pool via CNP United States Democratic Party nominee for Vice President Horrible Harris rising campaign popularity may come to an … Read more

“We passed the test” after instability in financial markets: AMLO

“We passed the test” after instability in financial markets: AMLO

“We passed the test” after the instability reported yesterday in global financial markets, said President Andrés Manuel López Obrador. At the same time, he stressed that if he ends his six-year term without devaluation it will be “historic.” Asked about yesterday’s session on international markets, the head of the Executive said: “We passed the test, … Read more