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Mexico

The Strength of Mexico’s Peso in the Carry Trade Market

Recently, the Mexican peso soared to new heights, driven by hedge funds' aggressive trades. These funds boosted their net long positions, pushing the peso to...

Mexico’s Record Foreign Investment in Early 2024

In early 2024, Mexico set a record with $20.313 billion in foreign direct investment (FDI), marking a 9% increase from 2023. However, only 3% of this was new investment, showing investor caution despite nearshoring opportunities. During...

Mexican Economy Enters a Period of Significant Slowdown

As Mexico strides into 2024, it encounters a significant economic slowdown paired with an anticipated growth of 2.2 percent. Meanwhile, a surge in federal spending...

BYD’s Strategic Launch in Mexico Revolutionizes Truck Industry

BYD Co., a leader in China's electric vehicle production, is set to launch the...

Mexico’s Migration Drop: A 50% Decrease in Flow to...

Mexican President Andrés Manuel López Obrador (AMLO) announced a 50% reduction in the flow of migrants heading to the...

Tensions Rise as Mexico Faces Inflation Spike Before Central Bank’s Rate Decision

In April 2024, Mexico's markets buzzed with activity as inflation unexpectedly rose for a second month, just before Banxico's key rate decision. The National Consumer...

Challenges Ahead: Pemex’s Declining Oil Production

As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for a downturn in oil production,...

Pemex Hits Historic Low in Oil Exports

Petróleos Mexicanos (Pemex), Mexico's state-run oil giant, dramatically reduced its crude exports to unprecedented levels. This strategic shift supports the...

Mexico’s Economy Grows 2% in Early 2024

During the concluding months of President Andrés Manuel López Obrador's administration, Mexico's economy expanded...

Xóchitl Gálvez’s Decisive Moment in Mexico’s Presidential Debate

As the presidential debate on April 28 looms, Xóchitl Gálvez, the opposition candidate, prepares to...

Mexico Records Remarkable Trade Surplus in March

In March, Mexico showcased a notable turnaround in its economic performance, registering a significant trade surplus of $2.098 billion. This...