(Bloomberg) -- Mexico's peso rose for a second day
after economists raised their forecasts for economic growth in
the U.S., the biggest buyer of Mexican goods sold abroad.
Mexican local-currency bonds of all maturities rallied as
economists at HSBC Securities USA Inc. and Morgan Stanley were
among those that raised U.S. growth estimate for the second
quarter. A report today showing exports rose to a record in May
suggested strong demand from U.S. consumers.
Read more at Bloomberg Currencies News
after economists raised their forecasts for economic growth in
the U.S., the biggest buyer of Mexican goods sold abroad.
Mexican local-currency bonds of all maturities rallied as
economists at HSBC Securities USA Inc. and Morgan Stanley were
among those that raised U.S. growth estimate for the second
quarter. A report today showing exports rose to a record in May
suggested strong demand from U.S. consumers.
Read more at Bloomberg Currencies News
No comments:
Post a Comment