Futuro del peso mexicano 13-10

  • Today’s US data will likely determine if the dollar’s heavy tone this week is more corrective or if this year’s downtrend is resuming
  • China reported its September trade figures
  • Japan’s Ministry of Finance confirmed that foreign investors returned to Japanese equities
  • The MAS kept policy steady at its semiannual policy meeting, as widely expected

The dollar is mostly weaker against the majors ahead of key US data.  The Antipodeans are outperforming, while the euro and Nokkie are underperforming.  EM currencies are mixed.  KRW and ZAR are outperforming, while HUF and SGD are underperforming.  MSCI Asia Pacific was up 0.5%, with the Nikkei rising 1%.  MSCI EM is up 0.2%, with the Shanghai Composite rising 0.1%.  Euro Stoxx 600 is up 0.3% near midday, while S&P futures are pointing to a lower open.  The 10-year US yield is flat at 2.32%.  Commodity prices are mostly higher, with Brent oil up 2%, copper up 0.4%, and gold flat.

Futuro del peso mexicano 13-10

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