Mexican Core Inflation Rate YoY (Apr) Y/Y 4.26% (Prev. 4.45%)
The Mexican core inflation rate at 4.26% for April, down from 4.45%, suggests a moderate easing in inflationary pressures.
A source outlines that the Al Jazeera report on details relating to the Strait of Hormuz transit mechanism are unfounded, Mizan reports; referencing an email sent by the PGSA with details/instructions for passing through Hormuz
Iranian Speaker of Parliament’s advisor, on US President Trump's post on May 5th about pausing Project Freedom, says "Any reasonable person understands that at 5 a.m., in the middle of the night in Islamabad, no diplomatic event had taken place"
Mexican Core Inflation Rate YoY (Apr) Y/Y 4.26% (Prev. 4.45%)
W.W. Grainger Inc. (GWW) Q1 2026 (USD): EPS 11.65 (exp. 10.21), Revenue 4.74bln (exp. 4.58bln)
Sempra (SRE) Q1 2026 (USD): Adj. EPS 1.51 (exp. 1.51), Revenue 3.66bln (exp. 4.11bln); FY adj. EPS view 4.80-5.30 (exp. 5.11)
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This decline could provide the Bank of Mexico some leeway in monetary policy, possibly reinforcing the trend toward a more accommodative stance if further decreases are observed. Traders should consider the implications for the peso and broader EM sentiment, especially in relation to U.S. interest rate movements.
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