President Claudia Sheinbaum has confirmed that her Minister of Foreign Affairs Juan Ramón de la Fuente held talks with the new US Secretary of State Marco Rubio on 21 Jan. She says that the two discussed migration and security, two of the major issues new US President Donald Trump has raised in relation to the declaration of an emergency on the border.
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Fed pricing essentially unmoved by the softer-than-expected durable goods data, with markets remaining very much geared towards the inflation and employment outlooks after last week’s hawkish Fed cut.
Indicators of durable goods activity were mixed in the November preliminary report, with headline figures disappointing amid upward revisions to prior data, and core indices beating expectations.