Mexico’s central bank cuts rate to 6.25% — Mexico News Daily
Published . Updated .
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Mexico’s central bank Banxico cut its key interest rate by 25 basis points to 6.25%, despite analysts expecting no change. The bank also raised its fourth-quarter inflation forecast to 3.7%.
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
- AMX América Móvil, S.A.B. de C.V+2.1% 30d
América Móvil, S.A.B. de C.V (telephone communications (no radiotelephone)) is one of the largest Mexico-based companies traded in the US, so news about Mexico (“mexico”) reaches its shares.
- FMX Fomento Económico Mexicano, S.A.B. de C.V+6.8% 30d
Fomento Económico Mexicano, S.A.B. de C.V (bottled and canned soft drinks and carbonated waters) is one of the largest Mexico-based companies traded in the US, so news about Mexico (“mexico”) reaches its shares.
- CX CEMEX, S.A.B. de C.V-5.5% 8d
CEMEX, S.A.B. de C.V (cement, hydraulic) is one of the largest Mexico-based companies traded in the US, so news about Mexico (“mexico”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWW | -2.08% | -1.74% | base | +0.86% | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | +0.00% | after close | after close | after close |
| EMB | +0.02% | -0.54% | base | +0.05% | after close | after close | after close |
| EMLC | -0.28% | -0.71% | base | +0.02% | after close | after close | after close |
| EEM | +5.12% | +5.25% | base | +2.44% | after close | after close | after close |
| AMX | -2.51% | -1.39% | base | +2.19% | after close | after close | after close |
| FMX | -1.76% | -1.19% | base | +0.41% | after close | after close | after close |
| CX | -0.09% | -1.07% | base | +0.33% | after close | after close | after close |
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.
Mexico’s central bank cuts rate to 6.25% — Mexico News Daily UA.NEWS
Source: UA.NEWS
This story
| Company | When | Move | Status |
|---|---|---|---|
| AMX | that day | +2.19% | still updating |
| AMX | three days earlier | -1.39% | final price |
| AMX | five days earlier | -2.51% | final price |
| CEW | that day | 0.00% | still updating |
| CEW | three days earlier | 0.00% | final price |
| CEW | five days earlier | 0.00% | final price |
| CX | that day | +0.33% | still updating |
| CX | three days earlier | -1.07% | final price |
| CX | five days earlier | -0.09% | final price |
| EEM | that day | +2.44% | still updating |
| EEM | three days earlier | +5.25% | final price |
| EEM | five days earlier | +5.12% | final price |
| EMB | that day | +0.05% | still updating |
| EMB | three days earlier | -0.54% | final price |
| EMB | five days earlier | +0.02% | final price |
| EMLC | that day | +0.02% | still updating |
| EMLC | three days earlier | -0.71% | final price |
| EMLC | five days earlier | -0.28% | final price |
| EWW | that day | +0.86% | still updating |
| EWW | three days earlier | -1.74% | final price |
| EWW | five days earlier | -2.08% | final price |
| FMX | that day | +0.41% | still updating |
| FMX | three days earlier | -1.19% | final price |
| FMX | five days earlier | -1.76% | final price |
How solid “Mexico’s central bank cuts rate to 6.25% — Mexico News Daily” looks
12 out of 100Price not final
“Mexico’s central bank cuts rate to 6.25% — Mexico News Daily” scores 12 out of 100. The score uses 1 sources. The price is not final yet.