The weight was appreciated after suffering its worst fall in seven months, in an erratic day marked by growing concerns about the tariff threats of President Donald Trump.
Investors also took advantage of the session to take positions in the prelude to the monetary policy of several central banks, including the Federal Reserve, which is widely expected to keep interest rates on Wednesday.
The dollar was 20,5402 pesos, an appreciation for the national currency of 0.91% compared to Monday, according to Banxico data. Yesterday the weight depreciated 2.18%, its greatest fall since June.
Lee: Weight has a worse fall in more than 7 months by Trump and ‘Chinese chatgpt’
During the day, the peso momentarily gave part of the profits after the White House reiterated the plans of the president to impose from Saturday rates to the imports of its business partners Mexico and Canada, and then recover some strength.
“Today’s day in financial markets is marked by uncertainty and volatility,” said Quásar Elizundia, market research strategist of the Pepperstone firm, in an analysis report.
“Commercial tensions and expectations on monetary policy decisions of central banks are the main factors that influence behavior,” he added.
Although Trump has no longer mentioned the tariffs of his two neighbors, he said in a speech on Monday that he planned to tax chips, pharmaceutical and steel products imported in an effort to get them to be manufactured in the United States.
Lee: EU maintains on February 1 as the date for entry into force of tariffs to Mexico; Highlights ‘Historical levels of cooperation’
The Financial Times newspaper also reported that the president of the president for the Secretary of the Treasury, Scott Besent, has been pressing to carry universal taxes to US imports, which would begin by 2.5% and increase each month.
In Mexico, the attention is put in the publication on Thursday of data on the Mexican economy in fourth quarter of 2024.
BMV low 0.29%
The referential shareholding index S&P/BMV IPC descended 0.29% to 51,535.96 points, interrupting a streak of six profit sessions, in a market with your eyes set in the season of corporate results of the fourth quarter.
The titles of Grupo Financiero Banorte, which operates one of the largest banks and pension funds in the country, lost 1.14% to 147.90 pesos, following the generalized market performance, even when a solid report of results was anticipated.
“We hope (that) continue the expansion of the in -line credit portfolio with the sector, and that added to the bank’s placement tendency will continue to support financial income, in addition to efficient management in an aim of funding that will allow it to continue with the Improvement in financial margin, ”said Grupo Financiero VE for more.
In the debt market, the primary yields of the Treasury Certificates (CETES) descended at the weekly auction of government values, with the exception of the CETE 28 -day referential rate was placed at 9.87%, 12 base points above of your previous auction.
With Reuters information
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