Mexico’s leading stock market index, the S-P/BMV IPC, closed at 55,811.99 on Friday, May 2, dropping 0.80% or 447.29 points. The decline came despite Mexico’s relative insulation from escalating global trade tensions. Weaknesses in Industrial, Consumer Goods, and Consumer Staples sectors drove the day’s losses.

The Mexican benchmark has gained

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Trading screens showed gold at $3,238.89 per ounce early Saturday, with a minimal gain of 0.18% from Friday’s close.

The precious metal has steadied after reaching a two-week low on Thursday. Gold remains on track for its second consecutive weekly decline, sliding 2.1% since last week.

The recent pullback marks a significant correction from the

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Global oil markets continue their downward slide as OPEC+ convenes a rare Saturday meeting on May 3.

Brent crude trades at $60.42, down 0.58%, while WTI crude sits at $57.18, down 0.60%, according to TradingView data published this morning.

The oil-producing coalition unexpectedly rescheduled its planned Monday meeting to Saturday, signaling urgent

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The Mexican peso hovered around 19.56 per USD on Friday morning, staying near its highest level in over six months as market participants digested recent economic data.

The USD/MXN decreased 0.19% to 19.5724 from 19.6100 in the previous trading session, continuing its downward trend that began in April. Mexico’s economy narrowly avoided a technical

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Brazilian singer Nana Caymmi died on May 1, 2025, at São José Clinic in Rio de Janeiro. She was 84 and had spent nine months hospitalized for cardiac arrhythmia. Her brother Danilo confirmed her death resulted from multiple organ failure after a lengthy and painful health struggle.

Born Dinahir Tostes Caymmi on April 29, 1941, she emerged from

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Brazilian Federal Police and the Comptroller General’s Office have exposed a massive fraud scheme affecting six million retirees across the country.

“Operation Sem Desconto” revealed unauthorized deductions totaling R$6.3 billion ($1.125 billion) from pension benefits between 2019 and 2024. Authorities launched the operation on April 23, executing o

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  1. Iron Ore Slips Below $100 Mark as China Demand Concerns Persist
  2. Silver Navigates Trade Tensions and Supply Deficit as Prices Edge Upward
  3. Copper Market Rebounds Amid Trade Optimism Despite Global Economic Concerns
  4. Crude Rebounds: Brent and WTI Rally from Multi-Month Lows as May Trading Begins
  5. Gold Rebounds from Two-Week Low as Trade Tensions Ease and Market Eyes Jobs Data