Mexican Retail Sales MoM (Feb) M/M -0.9% (Prev. 1%)
The latest data shows Mexican retail sales declined by 0.9% month-over-month in February, a significant shift from the previous growth of 1%.
Three potential IG borrowers look to raise fresh capital in the primary market on Thursday, Bloomberg reports, citing the daily informal survey; just USD 10.6bln of new bonds were priced over the last three days
Freeport-McMoRan Inc. (FCX) Adj. EPS 0.57 (exp. 0.47), Revenue 6.23bln (exp. 5.73bln)
Mexican Retail Sales MoM (Feb) M/M -0.9% (Prev. 1%)
ESPO Blend spot premiums for June delivery ease in China amid weak refining margins, Reuters sources say
[MARKET UPDATE] Dollar sold, stocks see gains but crude only sees marginal pressure after reports suggest Iran may see breakthrough tonight or tomorrow on preparations for US/Iran talks
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This drop may indicate weakening consumer demand and could impact expectations for economic growth in Mexico. Traders should watch for any potential implications on monetary policy or currency movement as this reflects broader economic sentiment.
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