Mexico Lowers 2015 Growth Forecast After Oil Production Decline

Mexico’s government cut its forecast for growth this year, two days after a similar reduction by the central bank, as the economy posted its biggest month-on-month decline in almost two years.

Mexico Peso Volatility Declines to Five-Year Low After U.S. Data

A measure of the Mexican peso’s fluctuations between gains and losses fell to the lowest level since September 2008 as a U.S. report indicated that the Latin American nation’s biggest export market is recovering.

Biggest Bond Rally in 10 Months Fueled by Slowing Inflation: Mexico Credit

Mexican bonds are posting their biggest gain in 10 months on speculation slowing inflation will prompt the central bank to keep interest rates at a record low.

The yield on the government’s notes due in 2024 dropped 22 basis points in the five days ending June 24, the biggest weekly slide since August, to 7.07 percent, according to data compiled by Bloomberg. In Brazil, yields on the country’s real- denominated bonds maturing in 2021 climbed nine basis points, or 0.09 percentage point, during the same period, to 12.41 percent.