Mexico
Mexico sugar outlook 2026/27: Improved access to US market should improve industry margins
Improved access to the US market could strengthen margins across Mexico’s sugar sector in 2026/27.
Research
Exclusive Banxico Post-Decision Report: Nothing to see here...
Banxico left the policy rate unchanged at 6.50% at the June 25 meeting.
Research
Exclusive Banxico Preview: Soft growth, cool inflation, sticky risks
We expect Banxico to hold the overnight policy rate at 6.50% at the June 25 decision.
Research
Exclusive USMCA Update: Free trade abandoning the free world?
The USMCA is unlikely to be renewed for a full 16-year extension by July 1, 2026 and we instead expect it to enter a rolling one-year review period, extending uncertainty
Research
Exclusive MXN Market Musings: Volatile times, but low implied volatility
MXN has appreciated 3.57% against USD year-to-date, but has depreciated on a month-to-date view.
Research
Exclusive MXN Musings: Rates down, USD/MXN higher
We’re forecasting USD/MXN up to 17.9 on a 3-month view.
Research