Mexican GDP Growth Rate YoY Prel (Q4) Y/Y 1.6% vs. Exp. 1.3% (Prev. -0.1%)

The preliminary GDP growth rate of 1.6% for Mexico in Q4, exceeding expectations of 1.3% and rebounding from the previous quarter's contraction of -0.1%, suggests a more resilient economic backdrop than anticipated.

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Russian foreign ministry says Russia will use all the available means to defend vessels under Russian flags in case their rights are violated

[MARKET UPDATE] Modest USD pressure and USTs gains, somewhat unwinding earlier moves, following confirmation that Warsh is Trump's next Fed Chair pick

Mexican GDP Growth Rate YoY Prel (Q4) Y/Y 1.6% vs. Exp. 1.3% (Prev. -0.1%)

Colgate-Palmolive Company (CL) FY25 (USD): adj. EPS 3.69 (exp. 3.65), Sales 20.4bln (exp. 20.3bln). Q4 EPS 0.95 (exp. 0.91), Revenue 5.23bln (exp. 5.12bln)

Iranian Foreign Minister Araqchi says they are prepared for both war and diplomacy, will respond more and more broadly to any aggression. Contacts continue with regional allies, are optimistic.

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This could imply a gradual recovery trajectory, potentially influencing investor sentiment and expectations around monetary policy moving forward.

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