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02/07/2025
Mexican central bank survey: Private sector analysts expect the benchmark interest rate to be 6.88% at the end of 2026, compared to the previous survey result of 7.00%.
Latest
5 m ago
Market news: Social media platform "X" will begin releasing community notes written by artificial intelligence agents to increase the speed of its fact-checking product.
12 m ago
New York cocoa falls more than 7.3%, the world's second largest producer plans to slightly raise the price of cocoa beans.
14 m ago
Citigroup analyst: Trump tax reform bill expected to drive transportation sector stocks up
14 m ago
Citigroup analyst Ariel Rosa wrote in a report to clients that transportation stocks rose on Tuesday because investors believe that President Trump's tax reform bill may stimulate demand in the industry after nearly three years of freight decline. Rosa stated that he will be cautious about chasing after short-term gains. The Dow Jones Transportation Average rose by 2.9%, while the S&P 500 remained flat. Citigroup analysts were surprised by the "significant increase" in transportation stocks compared to the market on Tuesday, stating that the passage of the bill has "always been seen as possible." Analysts pointed out that transportation stocks are in a "favorable position" and are expected to outperform the market in the next 6 to 12 months; they also added that transportation stocks are attractive after being overlooked and having low holdings.
26 m ago
Chicago wheat futures fell by about 2.1%, while soybean oil rose by 1.7%.
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