Mexico Doing Well, Investors Take Note

According to this article by the Financial Times, "Mexico is in an undeniable sweet spot right now" with regard to its economy and inflation. A report by HSBC notes that the combination of high oil prices and low domestic inflation sets the nation apart from other emerging markets. In the report, the authors revised their estimate for the Mexican peso, "which they now see as ending the year at 11.30 against the US dollar compared with their previous estimate of 11.80."