The Central Bank Of Mexico Kept Its Interest Rate Unchanged

On Thursday, US stock indices ended the session lower, as a sharp spike in energy prices once again heightened investor concerns about a possible interest‑rate hike by the Federal Reserve at the September meeting. By the end of the day, the Dow Jones (US30) fell by 0.85%. The S&P 500 (US500) declined by 0.19%. The Tech‑heavy Nasdaq (US100) closed Thursday in negative territory at 0.06%. Treasury yields rose in sync with wholesale fuel prices amid new geopolitical developments around the Strait of Hormuz, where, according to incoming reports, Iran plans to introduce strict bans for US and Israeli vessels and demand compensation from unfriendly countries for passage rights. These concerns were further reinforced by hawkish statements from Federal Open Market Committee members and reports that Fed Chair Warsh is ready to support rate hikes if inflation accelerates further. Nevertheless, a positive exception came from SpaceX shares, which rose by 6.1% after restrictions were lifted on selling 101 billion dollars’ worth of shares issued during the company’s IPO.

At its August meeting, the Central Bank of Mexico kept the benchmark interest rate unchanged at 6.50%, describing the decision as a necessary display of monetary restraint. The regulator noted further inflation slowdown but emphasized that the balance of risks for price growth remains tilted upward. Meanwhile, Mexico’s economy managed to recover in the second quarter after a previous downturn, although risks of a broader slowdown in economic activity persist.
By the end of the day, Germany’s DAX (DE40) rose by 0.05%, France’s CAC 40 (FR40) closed up 0.35%, Spain’s IBEX 35 (ES35) gained 0.62%, while the UK’s FTSE 100 (UK100) ended the session down 0.19%.

On Thursday, silver prices (XAG) held near 62 dollars per ounce, remaining close to the seven‑week high reached in the previous session. The market was supported by investors’ reassessment of Federal Reserve monetary‑policy prospects and a reduced likelihood of aggressive rate hikes this year. An additional driver was strong industrial demand. China’s imports of silver‑bearing ores in June surged by 62.5% year‑over‑year, reaching 219,000 tons, directly correlating with increased production of solar panels and expansion of the national power‑grid infrastructure.

On Thursday, crude oil prices (WTI) posted strong gains, rising 3% and reaching 77.5 dollars per barrel. Upward pressure on prices came from alarming reports that a specialized committee of Iran’s parliament is reviewing a proposal for strict restrictions on shipping in the strategically important Strait of Hormuz. According to the initiative, Tehran plans to completely block passage for US and Israeli vessels and require advance compensation payments from countries deemed hostile. Violators would face unprecedented fines amounting to 20% of the total value of transported cargo, while full resumption of transit would be tied to the lifting of the US naval blockade.

The US natural gas (XNG) prices fell to 2.62 dollars per MMBtu, reaching their lowest level since April. The main driver of the decline was a larger‑than‑expected increase in storage inventories. According to US Energy Information Administration (EIA) data, 33 billion cubic feet of gas were injected into storage during the week ending July 31. This figure exceeded average market expectations of a 31‑billion‑cubic‑foot increase and significantly surpassed last year’s 13‑billion‑cubic‑foot build and the five‑year average of 23 billion cubic feet.

In Asia, Japan’s Nikkei 225 (JP225) fell by 0.93%, China’s FTSE China 50 closed lower at –0.08%, Hong Kong’s Hang Seng (HK50) declined by 1.49%, while Australia’s ASX 200 (AU200) closed yesterday up 0.47%.

China’s July foreign‑trade statistics show steady growth in key indicators amid global technological demand and accelerated shipments ahead of new tariff measures. The country’s trade surplus increased to 112.5 billion USD (compared to 97.70 billion USD a year earlier), exceeding analysts’ expectations of 107 billion USD.

• S&P 500 (US500) 7,710.00 -13.55 (-0.18%)

• Dow Jones (US30) 53,885.10 -464.02 (-0.85%)

• DAX (DE40) 26,140.13 +13.83 (+0.05%)

• FTSE 100 (UK100) 10,888.30 +8.92 (+0.08%)

• USD Index 99.69 -0.17 (-0.17%)

News feed for: 2026.08.07

• China Trade Balance (m/m) at 06:00 (GMT+3) – CHA50, HK50 (MED)

• German Trade Balance (m/m) at 09:00 (GMT+3) – EUR (MED)

• Mexico Inflation Rate (m/m) at 15:00 (GMT+3) – MXN (MED)

• Canada Unemployment Rate (m/m) at 15:30 (GMT+3) – CAD (HIGH)

• US Nonfarm Payrolls (m/m) at 15:30 (GMT+3) – USD, XAU, US indices (HIGH)

• US Unemployment Rate (m/m) at 15:30 (GMT+3) – USD, XAU (HIGH)

• US Average Hourly Earnings (m/m) at 15:30 (GMT+3) – USD (HIGH)

• Canada Ivey PMI (m/m) at 17:00 (GMT+3) – CAD (LOW)