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Nov-23-09 Harbor Alert: Fitch Ratings Downgrades Mexico
Today, Fitch Ratings downgraded Mexican Credit Risk Rating from BBB+ with negative perspective to BBB con stable perspective. The Agency stated that global financial crisis and falling oil productio...
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June 22-09 HARBOR alert: Banxico cuts benchmark interest rate to 4.75%
Mexico’s Central Bank (Banxico) announced on June 19 a 50 basis points (bps) reduction in its overnight interbank funding rate target lowering it to 4.75 percent. This represents a 350 bps reduc...
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June 19-09 HARBOR Alert: Historical Contraction in Mexican Industrial Activ
Mexican industrial production index fell 13.2 (April 2008 - April 2009). The index that contains the performance of four different economic sectors (mining, construction, manufacture and ele...
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June 2-09 HARBOR Alert: US personal expending keeps on falling
US personal consumption expenditure Index conformed by durable goods, non durable goods and services expenditure registered its second fall in this year. Since July 2008, the index published by the Bu...
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March 6-09 HARBOR Alert: Consumer Confidence Index fell to historic levels
The Consumer Confidence Index (CCI), published monthly by the National Statistics Institute (INEGI), fell to 78.9 units (the lowest since its appearance in April 2001). This index measures Mexican hou...
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