Mexican Retail Sales YoY (Feb) Y/Y 3.1% (Prev. 5%)
The latest Mexican retail sales data shows a year-on-year increase of 3.1%, down from the previous 5%.
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 YoY (Feb) Y/Y 3.1% (Prev. 5%)
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 deceleration could suggest weakening consumer demand, which may have implications for Mexico's economic growth and monetary policy outlook going forward.
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