BofA lowers 2023 forecast for Mexico economy, cites potential recession
04 Tháng Tám 2022
© Reuters. FILE PHOTO: A vendor chats with a customer at a stall in an outdoor market in Mexico City, Mexico January 23, 2022. REUTERS/Luis Cortes/File Photo MEXICO CITY (Reuters) - Bank of America (NYSE:BAC) has downgraded its 2023 growth forecast for Mexico's economy to 0% from 1% amid a potential U.S downturn, analysts said in a research note, predicting the country will reach the brink of recession.
The Mexican economy has struggled to regain pace since pandemic restrictions have eased, while future growth prospects have been hit by higher interest rates and soaring inflation.
However, the Bank of America (BofA) note is among the most bearish forecasts on Mexico's 2023 outlook to date.
A poll from the country's central bank recently put growth forecasts for 2023 at 1.6%, down from 1.9%, while the OECD said it expected Mexico's gross domestic product to grow 2.6% in 2023.
The IMF recently cut its forecasts for Mexico's growth next year to 1.2%.
Mexico's President Andres Manuel Lopez Obrador said last month he was optimistic about the economy and ruled out a recession next year, despite a gloomier outlook for the global economy.
"We expect the Mexican economy to decelerate sharply in the following quarters," BofA's note said earlier this week.
"We think the main driver will be the U.S. deceleration, in part driven by higher interest rates, which we expect to impact Mexico with a lag."
They also flagged the current dispute over the US-Mexico-Canada Agreement (USMCA), which accuses Mexico of a energy-related breach, as a downside domestic risk.
BofA now predicts 2022 growth of 1.9%, up from 1.7%.
Nonetheless, analysts noted that a boost in re-shoring and a continued uptick in remittances to Mexico could help "cushion" the growth slump next year.
Để lại bình luận
BROKERS ĐƯỢC CẤP PHÉP
13-08-2022 01:05:45 (UTC+7)
EUR/USD
1.0262
-0.0055 (-0.53%)
Summary
SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (3)
Sell (4)
EUR/USD
1.0262
-0.0055 (-0.53%)
Summary
SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (3)
Sell (4)
GBP/USD
1.2140
-0.0072 (-0.59%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (8)
USD/JPY
133.49
+0.49 (+0.37%)
Summary
↑ BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (10)
Sell (0)
AUD/USD
0.7121
+0.0016 (+0.23%)
Summary
↑ SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (0)
Sell (7)
USD/CAD
1.2778
+0.0017 (+0.13%)
Summary
SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (3)
Sell (4)
EUR/JPY
136.99
-0.23 (-0.17%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (8)
Sell (0)
EUR/CHF
0.9671
-0.0034 (-0.36%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Gold Futures
1,814.85
+7.65 (+0.42%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (10)
Silver Futures
20.698
+0.349 (+1.72%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (8)
Copper Futures
3.6715
-0.0350 (-0.94%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (9)
Sell (1)
Crude Oil WTI Futures
92.59
-1.75 (-1.85%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Brent Oil Futures
98.42
-1.18 (-1.18%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Natural Gas Futures
8.825
-0.049 (-0.55%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (11)
Sell (0)
US Coffee C Futures
227.53
+3.58 (+1.60%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
Euro Stoxx 50
3,776.81
+19.76 (+0.53%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (2)
Sell (6)
S&P 500
4,256.70
+49.43 (+1.17%)
Summary
BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (5)
Sell (2)
DAX
13,795.85
+101.34 (+0.74%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (2)
Sell (4)
FTSE 100
7,500.89
+34.98 (+0.47%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (2)
Hang Seng
20,175.62
+93.19 (+0.46%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
US Small Cap 2000
2,005.45
+28.75 (+1.45%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
IBEX 35
8,400.40
+20.40 (+0.24%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (6)
BASF SE NA O.N.
44.155
+0.730 (+1.68%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (2)
Bayer AG NA
54.15
+2.47 (+4.78%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (9)
Sell (0)
Allianz SE VNA O.N.
181.08
+2.08 (+1.16%)
Summary
↑ SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (3)
Sell (6)
Adidas AG
173.20
+1.18 (+0.69%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Deutsche Lufthansa AG
6.588
+0.062 (+0.95%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (2)
Sell (6)
Siemens AG Class N
111.84
+1.92 (+1.75%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
Deutsche Bank AG
9.061
+0.197 (+2.22%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (5)
Sell (0)
| EUR/USD | 1.0262 | Sell | |||
| GBP/USD | 1.2140 | ↑ Sell | |||
| USD/JPY | 133.49 | ↑ Buy | |||
| AUD/USD | 0.7121 | ↑ Sell | |||
| USD/CAD | 1.2778 | Sell | |||
| EUR/JPY | 136.99 | ↑ Buy | |||
| EUR/CHF | 0.9671 | ↑ Buy |
| Gold | 1,814.85 | ↑ Sell | |||
| Silver | 20.698 | ↑ Sell | |||
| Copper | 3.6715 | ↑ Buy | |||
| Crude Oil WTI | 92.59 | ↑ Buy | |||
| Brent Oil | 98.42 | ↑ Buy | |||
| Natural Gas | 8.825 | ↑ Buy | |||
| US Coffee C | 227.53 | ↑ Buy |
| Euro Stoxx 50 | 3,776.81 | Sell | |||
| S&P 500 | 4,256.70 | Buy | |||
| DAX | 13,795.85 | Neutral | |||
| FTSE 100 | 7,500.89 | Neutral | |||
| Hang Seng | 20,175.62 | ↑ Buy | |||
| Small Cap 2000 | 2,005.45 | ↑ Buy | |||
| IBEX 35 | 8,400.40 | ↑ Sell |
| BASF | 44.155 | ↑ Buy | |||
| Bayer | 54.15 | ↑ Buy | |||
| Allianz | 181.08 | ↑ Sell | |||
| Adidas | 173.20 | ↑ Buy | |||
| Lufthansa | 6.588 | ↑ Sell | |||
| Siemens AG | 111.84 | ↑ Sell | |||
| Deutsche Bank AG | 9.061 | ↑ Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 6,620/ 6,720 (0/ 0) # 1,655 |
| SJC HCM | 6,630/ 6,730 (0/ 0) # 1,663 |
| SJC Hanoi | 6,630/ 6,732 (0/ 0) # 1,665 |
| SJC Danang | 6,630/ 6,732 (0/ 0) # 1,665 |
| SJC Nhatrang | 6,630/ 6,732 (0/ 0) # 1,665 |
| SJC Cantho | 6,630/ 6,732 (0/ 0) # 1,665 |
| Cập nhật 13-08-2022 01:05:48 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $1,798.50 | +9.35 | 0.52% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 25.340 | 25.840 |
| RON 95-III | 24.660 | 25.150 |
| E5 RON 92-II | 23.720 | 24.190 |
| DO 0.05S | 22.900 | 23.350 |
| DO 0,001S-V | 24.880 | 25.370 |
| Dầu hỏa 2-K | 23.320 | 23.780 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $92.05 | +1.32 | 1.41% |
| Brent | $97.72 | +0.89 | 0.90% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 23.220,00 | 23.530,00 |
| EUR | 23.498,00 | 24.813,92 |
| GBP | 27.761,87 | 28.945,83 |
| JPY | 170,70 | 180,72 |
| KRW | 15,50 | 18,89 |
| Cập nhật lúc 18:51:42 12/08/2022 Xem bảng tỷ giá hối đoái | ||
