Mexico

An Angry Japan Responds To Trump's Toyota Taunts

Japanese government officials pushed back against Donald Trump’s criticism of Toyota as the attack on the country’s most powerful corporate name sent shockwaves across Japan Inc.

US Futures Flat Ahead Of December Payrolls; Dollar Rebounds

European shares fell modestly, Asian equities declined for the first day in three, and US equity futures were unchanged before the December U.S. nonfarm payrolls report. China’s offshore yuan fell the most in a year to pare a record weekly rally, while Mexico’s peso climbed after the central bank sold dollars. Oil was trading lower in early trading.

Silver Dumps, Peso Jumps As Mexican Central Bank Intervenes (Again)

If at first you don't succeed, intervene again! For the second time today (at midnight ET), Banxico officials confirmed the central bank entered the market to sell US dollars in an attempt to strengthen the peso. Now we await the next Trump tweet to take the peso back down...

California Farmers Fret Over Labor Shortages As Trump Vows To Deport Their Work Force

California's ag industry generates roughly 500,000 jobs, most of which are back-breaking, manual labor positions that require 10-hour days in California's brutal 100-degree sun.  Of course, America's snowflakes generally shun such positions which have largely been filled by migrant workers from Mexico...which is why Trump's election has some farmers worried about the upcoming season.

These Are Barclays' 13 Commodity "Black Swan Threats" For 2017

Beware the commodity "black swans" in 2017, at least according to Barclays. The British bank warns that raw materials markets from oil to metals face the a high likelihood of disruptions, which among, other include a default by Venezuela, riots in Chile, a trade war with China, more terrorism in Turkey, and even a Fukushima-type disaster in China.

Time Warner Slides On Report Trump Still Opposes AT&T Merger

Slowly but surely, Trump is dismantling the massively overpriced market, one stock at a time, and after taking a detour into the world of FX earlier when he slamming the Peso for the second time this week when he warned Toyota not to build a planta in Baja, Mexico, moments ago Time Warner slumped on Bloomberg news that Trump has told a confidant that he still opposes the AT&T- TIme Warner deal.

Nomi Prins' Political-Financial Road Map For 2017

Today, the only thing keeping a lid on financial calamity is epic amounts of artisanal money. Deregulating an inherently corrupt and coddled banking industry, already floating on said capital assistance, would inevitably cause another crisis during Trump’s first term.

Peso Plunges To Record Low After Trump Tweet

The Mexican Peso is plunging once again this morning - very close to all-time record lows - as fears spread that Ford's decision yesterday may become the norm following president-elect Trump's tweet that "this is just the beginning."