Mexico

The Mexican peso has broken through four-month trendline resistance at MXN11.05/US$, and is now trading at around MXN11.00/US$. For now, we are now targeting the upside resistance... 2006-07-12

Although we are less bearish towards EM assets than we were, our negative stance remains. In this respect, before discussing our surveyed investment banks' current external debt positions,... 2006-06-30

The peso has suffered a period of weakness over the past three months, but, having found strong support at MXN11.20/US$, has made a promising recovery and could continue to make further... 2006-05-12

In Latin America our index remained unchanged overall this month, despite major moves right across the region, which reflect the current state of flux of the broader EM universe.... 2006-03-24

The peso is eyeing the key MXN10.40/US$ level, having trended steadily higher since October, and appreciated by just under 5% over the course of 2005. A breach of that level could... 2006-02-24

Mexico-PesoMexico-IPCMexico-UMS Mexico 11.5% 26

Mexico-PesoMexico-IPCMexico-UMS Mexico 11.5% 26

One word characterises EM debt of late: resilience. Indeed, the asset class has withstood a number of potentially negative influences, ranging from a sustained US tightening cycle... 2005-11-25

The peso has staged a comeback in November, after a two-month bout of weakness triggered by a slate of disappointing economic data. However, we see little compelling evidence from... 2005-11-17

Despite the recent sharp declines in EM debt valuations, the surveyed banks remain upbeat on the asset class in general and have lifted the index to one of its highest ever readings... 2005-10-21