Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
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BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Mexico’s finance ministry has revised its 2025 economic growth forecast to between 1.5% and 2.3%, down from the previous 2.0% to 3.0% range, citing persistent supply shocks and declining residential investment. The new forecast, described as “conservative,” contrasts with lower projections from the private sector and the Bank of Mexico, as fears of a looming recession intensify.
Latin America’s second-largest economy contracted in Q4 2024 and again in January, signaling the possibility of a technical recession if Q1 2025 also shows negative growth. A central bank poll revealed private sector analysts now expect just 0.5% growth this year. Meanwhile, the Bank of Mexico forecasts a 2025 GDP range between -0.2% and 1.4%.
The finance ministry attributed the downgrade to continued supply chain disruptions and uncertainty surrounding U.S. trade policy, which is dampening business sentiment. Nevertheless, it expects growth to be supported by domestic consumption, job creation, and strategic investments. For 2026, GDP is projected to grow between 1.5% and 2.5%.
President Claudia Sheinbaum, who took office in October amid the nation’s largest budget deficit since the 1980s, faces increasing pressure but has avoided sweeping fiscal reforms. The 2025 budget deficit is estimated between 3.9% and 4.0%, falling to 3.2%-3.5% in 2026.
Inflation is expected to ease to 3.5% by the end of 2025, aligning with the central bank’s target range. By 2026, it’s projected to decline further to 3.0%. The Mexican peso is forecast to close 2025 at 20.0 per U.S. dollar and strengthen slightly to 19.7 in 2026. Crude oil production is expected to average 1.762 million barrels per day in 2025, rising modestly to 1.775 million bpd in 2026.
