UPDATE 3-Brazil cuts rates to record low as economy stalls http://t.co/9HFTLw31
Dollar hits 3-1/2 mth low vs yen on euro zone woes http://t.co/536aAZyc
Mexico watching peers for IMF funding pledge: Meade
MEXICO CITY (Reuters) – Mexico is waiting on other countries before finalizing how much it will lend to the International Monetary Fund, Mexican Finance Minister Jose Antonio Meade said on Wednesday.
Group of 20 leading world economies have pledged $430 billion in extra resources for the international lender, but Mexico – along with emerging market powers China, Brazil, India and Russia – has yet to commit to a specific number.
Mexico’s Carstens: economy can better weather crisis now
MEXICO CITY (Reuters) – Mexico is in a better position now to deal with a global crisis than in 2008 given record international reserves and a more solid private sector, central bank governor Agustin Carstens said on Monday.
Even as investors pushed risk premiums on Spanish debt to their highest levels since the launch of the euro, Carstens said he had faith in the efforts euro zone countries were making to prevent contagion from Greece’s woes.
Reuters LatAm Summit: Mexico’s Carstens says country better able to weather crises now than in 2008 @Reuters_Summits http://t.co/PYVoyrFt
Great economics, markets job just opened with Reuters in Mexico: http://t.co/rjtW8AkY
@vikingdrewby thanks, good to hear!
Mexico rides manufacturing wave to recovery as exports soar, jobless fall http://t.co/dGEteqIt
Analysis: Slow and steady Mexico draws equity bets over Brazil
MEXICO CITY (Reuters) – Mexican stocks are drawing investors away from Brazil as Latin America’s biggest economy loses steam and Mexico’s close ties to the United States render it a safer bet in unsettled times.
Although the market capitalization of Brazil’s bourse is three times that of Mexico’s, the Mexican stock market’s standing with fund investors has been on a slow and steady rise since the end of last year, according to data from EPFR Global, which tracks funds with $16 trillion in global assets.
Slow and steady Mexico draws equity bets over Brazil
MEXICO CITY (Reuters) – Mexican stocks are drawing investors away from Brazil as Latin America’s biggest economy loses steam and Mexico’s close ties to the United States render it a safer bet in unsettled times.
Although the market capitalization of Brazil’s bourse is three times that of Mexico’s, the Mexican stock market’s standing with fund investors has been on a slow and steady rise since the end of last year, according to data from EPFR Global, which tracks funds with $16 trillion in global assets.


