S&P 500 — US Large Cap Index
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 MarketThe Mexican peso hovered near 18 per US dollar as a firmer greenback continued to offset domestic support, even as Banxico’s latest minutes reinforced a cautious but not aggressively dovish policy outlook. Following the widely expected 25 bp cut to 7.00% in December, the minutes emphasized a data dependent approach, noting that while disinflation is progressing, underlying pressures, particularly in core components, still warrant prudence. Policymakers signalled no urgency to accelerate easing, framing future cuts as conditional rather than pre committed, which helped anchor expectations after the initial narrowing of the rate differential. Headline inflation eased to 3.69% in December while core inflation slowed to 4.33%, broadly in line with forecasts, supporting the view that inflation risks are moderating without fully disappearing. Against this backdrop, resilient US data kept the dollar supported and limited peso appreciation, leaving MXN trading sideways.
