The relatively modest rise in the Mexican peso against the dollar in reaction to the positive news flow on Nafta talks suggests that investors are interpreting recent events with caution. Indeed, a number of sticking points – particularly labour content requirements – haven’t been resolved. Elsewhere, while Argentine markets have stabilised, this week’s data showed that the previous collapse in the peso and large interest rate hikes are weighing on growth.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services