Edition:
United States

Miguel Gutierrez

Jan 10 2017

Mexico peso hits record low on Trump uncertainty, more weakening feared

MEXICO CITY Mexico's peso <MXX=D2> slumped to a new low against the dollar on Tuesday, fueled by concern about the policies of U.S. President-elect Donald Trump, and comments by an economic think tank that further depreciation is "almost inevitable."

Jan 05 2017

Mexico central bank sells $1 billion to prop peso after Trump slump: traders

MEXICO CITY Mexico's central bank sold dollars in Mexico and New York on Thursday to fight off the peso's nose dive to record lows amid fears U.S. President-elect Donald Trump's protectionist policies could further hammer Latin America's second-biggest economy.

Jan 04 2017

Fears of protectionist Trump, Fed minutes drive Mexico peso to new low

MEXICO CITY Mexico's peso dropped to a new low on Wednesday, falling more than 2 percent amid worries over the prospect of protectionist policies by U.S. President-elect Donald Trump and after Fed policymakers fretted he could stoke U.S. inflation.

Dec 07 2016

POLL-Brazil stocks seen near all-time high in 2017, outperforming Mexico

BRASILIA/MEXICO CITY, Dec 7 Brazilian shares will probably extend their rise to approach all-time highs in 2017, outperforming Mexican stocks, as inflation and interest rates fall, a Reuters poll showed.

Nov 11 2016

Mexico's peso slumps further after Trump victory

MEXICO CITY Mexico's peso slid on Friday to a record low of over 21 pesos per U.S. dollar before bouncing back in a volatile session, with some suggesting there was no immediate end in sight for the pain inflicted by Donald Trump's shock U.S. election win.

Oct 04 2016

Fed, Brazil reforms likely to sustain Latam equity rally: Reuters poll

BRASILIA/MEXICO CITY Latin American stocks will keep rising in the coming year, with investors snapping up Brazilian shares on hopes a budget reform will bring down borrowing costs, a Reuters poll showed.

May 09 2016

Judge OKs U.S. extradition of Mexican drug boss 'El Chapo' Guzman

MEXICO CITY A Mexican judge has ruled that drug lord Joaquin "El Chapo" Guzman can be extradited to face charges in the United States, the country's federal court authority said on Monday, days after he was moved to a prison near the U.S. border.

Apr 01 2016

Brazil stocks rally likely near end as impeachment looms - Reuters poll

BRASILIA/MEXICO CITY A recent surge in Brazilian stocks has probably run its course, a Reuters poll of equity market strategists showed on Friday, as investors' optimism about the growing chances that President Dilma Rousseff will be impeached is lessened because of concerns about her possible successor.

Feb 17 2016

Mexico unleashes surprise rate hike to smoke out peso speculators

MEXICO CITY Mexico on Wednesday launched an assault on speculators who have battered the local peso currency by unleashing a surprise interest rate hike, a new intervention policy and budget cuts.

Sep 29 2015

Brazil, Mexico stocks likely to post modest gains by year-end: poll

SAO PAULO/MEXICO CITY Brazil's battered stock market is likely to gain modest ground in coming months on foreign investment drawn by a weak currency, but a solid rebound looks elusive until the country's political crisis abates, a Reuters poll showed.

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