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Mexico Markit Manufacturing PMI
Mexico's manufacturing sector is measured by the Markit Manufacturing Purchasing Managers Index, which is based on a survey of 400 manufacturing firms. The Manufacturing Purchasing Managers Index consists of five individual indexes which are: New Orders (30%), Output (25%) Employment (20%), Suppliers Delivery Times (15%), and Stock of Items Purchased (10%), with the Delivery Times index being reversed to move in a similar direction. A rating above 50 indicates that the manufacturing sector has expanded in comparison to the previous month, a reading below 50 implies contraction, and a reading of 50 shows no change.
A higher than expected figure should be seen as positive (bullish) for the MXN while a lower than expected figure should be seen as negative (bearish) for the MXN.
Forex Sentiment (MXN)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDMXN |
|
|
18.2108 -4233 pips |
19.3333 -6992 pips |
18.6341 | |
| EURMXN |
|
|
19.3998 -23773 pips |
21.9620 -1849 pips |
21.7771 | |
| GBPMXN |
|
|
25.1609 -58 pips |
25.4912 -3245 pips |
25.1667 |
News (MXN)
Mexico GDP Growth Slows To 3.5% Amid Tertiary Sector Slowdown
Mexican economic growth moderated in the fourth quarter after accelerating in the previous two quarters, largely led by a deceleration in the growth of the tertiary sector, preliminary data from the National Institute of Statistics and Geography, or INEGI, showed on Tuesday. Gross domestic product advanced an unadjusted 3.5 percent year-over-year in the December quarter.
RTTNews | 892 days ago
