<table>
<tr><th scope='col'>id</th><th scope='col'>title</th><th scope='col'>date</th><th scope='col'>description</th><th scope='col'>country</th><th scope='col'>category</th><th scope='col'>symbol</th><th scope='col'>url</th><th scope='col'>importance</th></tr>
<tr><td>437090</td><td>Mexican Peso at Over 2-Year Low</td><td>11/11/2024 3:16:26 PM</td><td>"The Mexican peso weakened past 20.5 per USD in November, its lowest since July 2022, as the threat of protectionist policies from Mexico’s major trading partner, the U.S., pressured the outlook for Mexican exports and foreign currency inflows. Speculation that former trade representative Robert Lighthizer, known for his protectionist stance, may be reappointed by President-elect Donald Trump has intensified fears of stricter trade policies affecting Mexico. Investors are also cautious about a potential ""clean sweep"" Republican majority in Congress, which could enable more aggressive trade and tariff measures. Additionally, the peso faces further downside risk as Mexico’s central bank may lower interest rates at its upcoming policy meeting, reducing the currency's appeal to foreign investors. Economic data showing modest industrial production growth and rising consumer confidence have yet to offset these concerns, adding to the peso’s vulnerability against the U.S. dollar."</td><td>Mexico</td><td>Currency</td><td>USDMXN</td><td>/mexico/currency</td><td>1</td></tr>
<tr><td>437069</td><td>Mexico Consumer Confidence Reaches Record High</td><td>11/11/2024 12:26:29 PM</td><td>"The consumer confidence indicator in Mexico rose to 49.4 in October 2024, the highest on record since at least 2001, compared to an upwardly revised 47.4 in September. Sentiment improved regarding the year-ahead financial situation of the households (60.8 vs 57.6 in September) and the country (55.4 vs 51.2). Additionally, consumers' propensity to make large purchases increased (31.6 vs 30.9)."</td><td>Mexico</td><td>Consumer Confidence</td><td>MXCFCONF</td><td>/mexico/consumer-confidence</td><td>1</td></tr>
<tr><td>437068</td><td>Mexican Industrial Production Declines for 2nd Month</td><td>11/11/2024 12:22:36 PM</td><td>"Mexico’s industrial output fell by 0.4% from the previous year in September of 2024, extending the revised 0.4% decline in the earlier month and missing expectations that industrial production would remain steady from the prior month. It was the first back-to-back decline since October of 2021, underscoring the slowdown of the Mexican economy following the prolonged period of restrictive monetary policy from the Bank of Mexico and reflecting unease from political risks and a plunge in the peso. Output was lower for mining activities (-4.5%) and construction (-2.3%). In turn, production rose for manufacturing (0.8%), amid a surge in manufactured products that were derived from petroleum and carbon (18.1%). From the previous month, Mexico’s industrial output rose by 0.6% on a seasonally adjusted basis."</td><td>Mexico</td><td>Industrial Production</td><td>MXIPTYOY</td><td>/mexico/industrial-production</td><td>1</td></tr>
<tr><td>436755</td><td>Mexican Peso Holds Recovery</td><td>11/7/2024 7:32:49 PM</td><td>"The Mexican peso appreciated past 19.9 per USD, rebounding from the two-and-a-half-year low of 20.27 on November 1st, buoyed by hawkish expectations from the Bank of Mexico. October’s annual inflation rose to 4.76%, surpassing forecasts and September’s six-month low of 4.58%, potentially prompting Banxico to slow rate cuts and keep interest rates relatively high, thereby attracting foreign capital and strengthening the peso. Although initial concerns over President-elect Trump’s potential tariffs pressured the peso, trade agreements like the USMCA, which require significant US content in Mexican exports, could limit the practicality of such tariffs without affecting US businesses, particularly auto suppliers. Furthermore, the US Federal Reserve’s 25bps rate cut tempered dollar demand, further supporting the peso’s recovery."</td><td>Mexico</td><td>Currency</td><td>USDMXN</td><td>/mexico/currency</td><td>1</td></tr>
<tr><td>436708</td><td>Mexican Peso Rebounds on Hawkish Expectations</td><td>11/7/2024 2:28:00 PM</td><td>"The Mexican peso appreciated toward 19.8 per USD, rebounding from the two-and-a-half-year low of 20.27 seen on November 1st, supported by hawkish expectations from the Bank of Mexico. October’s annual inflation rose to 4.76%, exceeding forecasts and September’s six-month low of 4.58%, which may lead Banxico to slow rate cuts and maintain relatively high interest rates, attracting foreign capital and strengthening the peso. While initial concerns over president-elect Trump’s potential tariffs weakened the peso, trade agreements like the USMCA, which require substantial US content in Mexican exports, could limit the feasibility of such tariffs without impacting US businesses, especially auto suppliers. Additionally, speculation of a US Federal Reserve rate cut has softened dollar demand, further supporting the peso's recovery."</td><td>Mexico</td><td>Currency</td><td>USDMXN</td><td>/mexico/currency</td><td>1</td></tr>
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