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Weight is appreciated; financial markets operate stable

Mexico City. After yesterday’s holiday in Mexico and the outcome of the meeting of the United States Federal Reserve (Fed), which left interest rates at 5.5 percent and delayed the cuts schedule, financial markets are trying to recover ground this Thursday.

At the opening of American markets, the Mexican peso maintains optimism by maintaining its price below 17 per dollar. The national currency advances 0.37 percent, to operate at around 16.9222 units per dollar.

Meanwhile, the dollar index, which measures its behavior against a basket of six international currencies, maintains a moderate advance of 0.10 percent, to 105,710 units.

Thus, debt yields show slight movements. The 10-year US bond moves towards 4.639 percent.

Wall Street, which closed yesterday mixed, does not want to repeat the balance, as it opens with the Nasdaq on the rise, gaining 0.13 percent; while the S&P 500 and the Dow Jones rise 0.02 and 0.11 percent.

After yesterday’s holiday, the Mexican Stock Exchange (BMV) operates with a gain of 0.26 percent, at 56,848 points.

With a rise in tension in the Middle East, the price of oil is trying to rebound after recent declines. A barrel of Brent is trading at $83.61, with a gain of 0.22 percent; while West Texas crude oil, the benchmark in the United States, is again close to $80, with an advance of 0.14 percent, to $79.12.

The price of gold is trading lower and even endangers the level of 2,300 dollars per ounce, very far from its recent highs, above 2,400 dollars, by falling 0.55 percent, to 2,298 Dollars. It also fails to stop bitcoin, which is already rising above $58,000.


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– 2024-05-04 11:53:53

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