Mexico

A speech by Lael Brainard on economic headwinds turning to tailwinds suggests a regime shift is at hand at the Fed. Meanwhile, US President Trump is expected to announce tariffs on steel and aluminum. Mexico has already said it would…

Regardless of what happens in NAFTA, we are going to see the Trump Administration put its 'America First' trade policy in play. Likely within the month, tariffs are coming.

This morning, the Trump Administration called the leaders of Canada and Mexico to tell them that he "agreed not to terminate NAFTA at this time," showing, yet again, that Donald Trump is much less audacious a President than some expected.…

Ever since Donald Trump unexpectedly won the US presidential election, there has been an unending stream of anti-Trump tirades in the media. The emotions creating this wave of criticism make it difficult to have a reality-based view of the…

Some of the largest natural resource exporters with floating exchange rates have seen their currencies come under significant pressure over the past year.

By Win Thin and Ilan Solot Despite the growing tensions in Thailand and the risk of military involvement, equity indices stared off the week higher and THB stable. There is some optimism that a possible delay to the February 2 vote could…

In many different emerging markets, the economy has unexpectedly weakened. We are seeing downturns everywhere from Mexico and Brazil in Latin America to Indonesia, India and Thailand in Asia. At this point there is no common thread on why…

The US dollar stands at the fulcrum. Investment flows are leaving emerging markets, with currencies from Brazil,India,Indonesia and Mexico being hit the hardest over the last few sessions. The MSCI Emerging Market Index is off 4.5% over the…

Fundamental and technical considerations are aligned in favor of the US dollar. The latest string of economic data, including the June employment report, is strengthening the market's conviction that the Federal Reserve will begin tapering…

The yen bears have been frustrated by a series of developments. They were unpleasantly surprised by news that the Japanese themselves were large sellers, not buyers, of foreign bonds in the first full week of the new fiscal year. In…