Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns
Published . Updated .
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Mexico's central bank (Banxico) lowered its benchmark interest rate 25 basis points to 6.25%, surprising analysts.
Directly affected
- No company is named in this report.
Indirectly affected
- EWW iShares MSCI Mexico ETF-0.1% 7d
iShares MSCI Mexico ETF holds stocks listed in Mexico, which this story is about (“mexico”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Mexico.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.3% 7d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Mexico
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Mexico.
- EEM iShares MSCI Emerging Markets ETF-1.9% 18d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Mexico
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWWNo price data for this ticker | — | — | — | — | — | — | — |
| CEWNo price data for this ticker | — | — | — | — | — | — | — |
| EMBNo price data for this ticker | — | — | — | — | — | — | — |
| EMLCNo price data for this ticker | — | — | — | — | — | — | — |
| EEMNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns Mexico News Daily
Source: Mexico News Daily
This story
12 out of 100
“Bucking expectations, Banxico lowers the interest rate, despite some inflation concerns” scores 12 out of 100. The score uses 1 sources.