Mexico’s central bank surprises markets with rate cut as peso weakens
Published . Updated .
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Banco de México (Banxico) caught markets off guard on November 5, cutting its benchmark overnight interbank rate by 25 basis points (bp) to 6.25%, ...
Directly affected
- No company is named in this report.
Indirectly affected
- EWW iShares MSCI Mexico ETF
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
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
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
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
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
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
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 | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| EMB | +0.02% | -0.54% | base | after close | after close | after close | after close |
| EMLC | -0.28% | -0.71% | base | after close | after close | after close | after close |
| EEM | +5.12% | +5.25% | base | after close | after close | after close | after close |
| AMX | -2.51% | -1.39% | base | after close | after close | after close | after close |
| FMX | -1.76% | -1.19% | base | after close | after close | after close | after close |
| CX | -0.09% | -1.07% | base | after close | 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 surprises markets with rate cut as peso weakens IntelliNews
Source: IntelliNews
Price since this story was published: Ishares (EWW)
| Company | When | Move | Status |
|---|---|---|---|
| America Movil Sab De Cv/ (AMX) | three days earlier | -1.39% | final price |
| America Movil Sab De Cv/ (AMX) | five days earlier | -2.51% | final price |
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Cemex Sab De Cv (CX) | three days earlier | -1.07% | final price |
| Cemex Sab De Cv (CX) | five days earlier | -0.09% | final price |
| Ishares Tr (EEM) | three days earlier | +5.25% | final price |
| Ishares Tr (EEM) | five days earlier | +5.12% | final price |
| Ishares Tr (EMB) | three days earlier | -0.54% | final price |
| Ishares Tr (EMB) | five days earlier | +0.02% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | -0.71% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | -0.28% | final price |
| Ishares (EWW) | three days earlier | -1.74% | final price |
| Ishares (EWW) | five days earlier | -2.08% | final price |
| Mexican Economic Development (FMX) | three days earlier | -1.19% | final price |
| Mexican Economic Development (FMX) | five days earlier | -1.76% | final price |
Who gains and who loses around Ishares (EWW)
Companies tied to this story
- EWW Ishares
Ishares (EWW) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Mexico’s central bank surprises markets with rate cut as peso weakens.” Reason on file: iShares MSCI Mexico ETF holds stocks listed in Mexico, which this story is about (“mexico”)
- CEW Wisdomtree Tr
In “Mexico’s central bank surprises markets with rate cut as peso weakens,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Mexico
- EMB Ishares Tr
For “Mexico’s central bank surprises markets with rate cut as peso weakens,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: 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
In “Mexico’s central bank surprises markets with rate cut as peso weakens,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: 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 Tr
For “Mexico’s central bank surprises markets with rate cut as peso weakens,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Mexico
- AMX America Movil Sab De Cv/
In “Mexico’s central bank surprises markets with rate cut as peso weakens,” America Movil Sab De Cv/ (AMX) is linked, with no stored direction, medium confidence. Reason on file: 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 Mexican Economic Development
Mexican Economic Development (FMX) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Mexico’s central bank surprises markets with rate cut as peso weakens.” Reason on file: 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 Sab De Cv
Cemex Sab De Cv (CX) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Mexico’s central bank surprises markets with rate cut as peso weakens.” Reason on file: 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
Ishares (EWW)
The 6 Nov 2026 story “Mexico’s central bank surprises markets with rate cut as peso weakens” names Ishares (EWW) because of this story.
Ishares (EWW) is on the page because iShares MSCI Mexico ETF holds stocks listed in Mexico, which this story is about (“mexico”)
Wisdomtree Tr (CEW) is here too. Its reason reads: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Mexico
Dates and price levels for Ishares (EWW)
EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. EWW traded between 71.23 and 73.53 across 6 sessions. The latest close on file is 73.26.
How strong the case is around Ishares (EWW)
54 out of 100
“Mexico’s central bank surprises markets with rate cut as peso weakens” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.