Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 18, 2017

Mexico's Allure Hottest Since 2008 as Nafta Talks Begin: Chart

None

(Bloomberg) -- Mexican assets haven't been this hot since the collapse of Lehman Brothers Holdings Inc., and traders see no reason for them to lose their luster even with the start of Nafta talks. Risk-adjusted carry-trade returns on the peso are projected to rise to the highest level since September 2008, according to data compiled by Bloomberg. The renegotiation of the trade deal is unlikely to disrupt Mexico's currency in a negative way as it will probably result in only incremental changes, Goldman Sachs Group Inc. strategists led by Michael Cahill wrote in a note last week.

To contact the reporters on this story: Ben Bartenstein in Lima at bbartenstei3@bloomberg.net, Srinivasan Sivabalan in London at ssivabalan@bloomberg.net.

To contact the editors responsible for this story: Rita Nazareth at rnazareth@bloomberg.net, Sophie Caronello at scaronello@bloomberg.net.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search