- Barrons.com•2 days ago
In an emerging market where real interest rates are high and the currency is undervalued, investors can predict that government bonds will outperform: price higher, yield lower. While it is hard to pinpoint an exchange rate’s equilibrium level, the peso has tended over the long run to mean-revert ... [and] is at its lowest level since 1996 after the tequila crisis. To halt the exchange rate sliding, Mexico's central bank has hiked rates three times since late last year at the expense of output, which contracted -0.2% in 2Q16.
- Capital Cube•24 days ago
Categories: Yahoo Finance Click here to see latest analysis Wal-Mart de México SAB de CV reports financial results for the quarter ended June 30, 2016. We analyze the earnings along side the following peers of Wal-Mart de México SAB de CV – Kroger Co. (KR-US) that have also reported for this period. Highlights Summary numbers: Revenues of USD ... Read more (Read more...)
- Barrons.com•24 days ago
If Donald Trump defeats Hillary Clinton in the U.S. presidential election this November, it won't be good for many emerging markets, Citigroup concludes. Citi said in a report today that emerging markets are on the cusp of a cyclical growth rebound. Some of that may be bluster --Clinton has criticized Trump for making suits in Mexico, furniture in Turkey, etc -- but emerging markets won't be helped by the "significant" political uncertainty Trump would bring at a time when many emerging markets have fragile economies and fragile political backdrops, say Citigroup's economic strategy team of Guillermo Mondino, Siddharth Mathur, Luis E. Costa, Dirk Willer et al. They note that among nations, Mexico has the largest trade surplus with the United States as a percentage of its local GDP at roughly 9%.
Wal-Mart de Mexico SAB De CV (WMMVY)
Other OTC - Other OTC Delayed Price. Currency in USD
|Day's Range||23.59 - 23.85|
|52wk Range||22.10 - 28.11|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||27.73|
|Avg Vol (3m)||56,993|
|Dividend & Yield||0.30 (1.26%)|