Mexican stocks rise on Fed minutes and China optimism

MEXICO CITY, April 10 Wed Apr 10, 2013 10:06am EDT

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MEXICO CITY, April 10 (Reuters) - Mexico's IPC stock index rose by more than 1 percent on Wednesday, lifted by optimism about China's economy and the latest minutes from the U.S. Federal Reserve bank.

The minutes showed a few Federal Reserve policymakers expected to taper the pace of asset purchases by mid-year and end them later this year, while several others expected to slow the pace a bit later and halt the quantitative easing program by year-end.

Trade data from China on Wednesday spurred hopes an economic recovery in the Asian giant was strengthening.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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