iShares MSCI Mexico Capped (EWW)
NYSEArca - NYSEArca Real Time Price. Currency in USD
- Barrons.com•8 hours ago
S&P Global lowered its outlook on Mexico credit ratings to negative from stable. On Monday, Moody's Investors Service lowered its outlook on Mexico banks to negative. S&P writes: "We are revising the outlook on the long-term ratings on Mexico to negative from stable to reflect an at least one-in-three possibility of a downgrade over the next 24 months if either the government's debt or interest burden deteriorates beyond our current expectations, raising the vulnerability of Mexico's public finances to adverse shocks.
- Barrons.com•15 hours ago
Moody's lowered the outlook for Mexican bank debt to negative from stable, citing expanding lending in a slow-growth economy and oil-price risk. The yield on Mexico's 10-year bond was flat at 5.8% and the Mexican peso was slightly stronger against the U.S. dollar in recent trading. The iShares MSCI Mexico Capped exchange-traded fund (EWW) was up 0.3%, while the iShares MSCI Emerging Markets ETF (EEM) was up 0.8% and the iShares Latin America 40 ETF (ILF) was up 0.6%.
- Market Realist•17 hours ago
Latin American markets were trading lower on August 22. They took cues from a fall in commodity and crude prices globally.