AstraZeneca and Pfizer both took positive steps in their respective vaccine trials, giving a boost to the Mexican peso.

Mexico’s stock exchange also recorded a 1 percent gain in morning trading, despite the absence of support measures from the Mexican government

The collapse of oil prices brings down the Mexican Peso and has a direct impact on PEMEX, private operators and the Mexican economy.

With safe-haven gold and the US dollar climbing in the face of the COVID-19 outbreak, the peso is on the backfoot, having lost all its gains for 2020

The virus is expected to keep piling pressure on the the global economy; the impact for Mexico might not be too hard according to analysts.

A reduction in interest rates, a new plan for economic growth and an increase in minimum wages. Do not miss this week’s roundup!

Scania is a global enterprise with a service and sales network covering 100 countries as well as offering financial services.

Daimler Buses is a subsidiary of the Daimler Group focused on production and commercialization of bus units.

Currency volatility, nationalistic rhetoric north of the border and slower export markets are among the main culprits hindering the sector