Overview

• Mexico’s peso traded near 18.59–18.60 per dollar after the speech, up about 0.9% as the Dollar Index slid to roughly 97.85.
• S&P/BMV IPC rose between 0.56% and 0.83% in early trade with Televisa leading gains, and the FTSE BIVA advanced about 0.58%.
• Wall Street rallied around 1.6%–2.0% as FedWatch probabilities for a quarter‑point September cut jumped toward 89%–91% following Powell’s remarks.
• INEGI reported headline inflation at 3.49% year over year for the first half of August and Q2 GDP growth of 0.6% quarter over quarter, slightly below the prior estimate.
• Mexico also logged a record $34.265 billion in Q2 foreign direct investment, which Sheinbaum highlighted as evidence that recent U.S. tariffs have not derailed inflows after tech stocks faced pressure earlier in the week on policy concerns.