Nearshoring Brings A Focus On Mexican Peso

Andrzej Rostek Originally posted on February 15, 2024 By Ivan Castano At A Glance: Mexico became the largest U.S. trading partner in 2023, totaling 15% of U.S. imports. As the Mexican peso climbed in 2023, trading in Mexican peso futures increased to $1.8 billion daily. Mexico is poised to benefit from nearshoring, a growing trend…

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The First Peak Week Of Earnings Season Brings Some Good News

Sakorn Sukkasemsakorn After a rough beginning to earnings season, the peak season got off to an impressive start last week, with many highly-anticipated companies reporting better-than-expected results. Big tech in particular led the rally last week, with the Nasdaq Composite closing nearly 2% higher by Friday. While Microsoft (MSFT) surpassed expectations on the top and…

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