Mexican peso surges, defying risks; investors hesitant to bet against it.

Mexican Peso Is So Strong Investors Fear Betting Against It Investors are pushing the world’s most expensive currency to ever more dizzying heights, shrugging off the risks from interest-rate cuts, divisive elections and analyst warnings. Mexico’s peso is the world’s… pic.twitter.com/PlXWTs4St0 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 15, 2024

Eurozone Q4 growth flat, hesitant consumers, retail sales below pre-pandemic levels.

Cautious #ECB last week amid upside risks to inflation due to solid wage growth. More data is needed to confirm that inflation is sustainably converging to target. Encouragingly, compensation per employee eased in Q4 to 2.8% from 3.6% Y/Y in line with negotiated wages. pic.twitter.com/rLmagWxE3n — Sabrina Khanniche (@skhanniche) March 14, 2024 The Eurozone’s economic …

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