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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MXN

Mexican Peso Gains After Banxico Meeting

The Mexican peso strengthened to 17.21 per USD from the near four-month low of 17.60 reached on July 24th after Banxico kept its benchmark interest rate unchanged at 6.50% and signaled that it expects to maintain the current policy stance. The central bank held rates steady for a second consecutive meeting as policymakers balanced falling headline inflation and weaker economic activity against persistent services inflation and risks from the Middle East conflict. Banxico reiterated that future decisions will depend on incoming data and highlighted uncertainty surrounding geopolitical tensions and global trade policies. The peso continued to benefit from a wide interest rate differential, with Mexico’s policy rate at 6.50% compared with the Federal Reserve’s 3.50%-3.75% target range.

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