As the second largest in Latin America, the Mexico economy is worth looking at. Past performance of the Mexico economy GDP growth slowed in 2016 compared to the previous year, 2.3% down from 2.6% annual GDP growth. According to eFXto.com, the country’s economy has been plagued by increasing inflation and decreasing income from oil exports, […]

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USDMXN 2017 forecast

The Mexican peso has been a proxy currency for other developing and emerging economies in the world. Changes in the value of the peso have always reflected more than just Mexico’s economy, and that gave it the proxy status. Besides that, it has a lot of liquidity while still avoiding any capital controls, which investors […]

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Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced financial and operating results for the third quarter ended September 30, 2016. Nikolas Tavlarios, Aegeans President, commented, We delivered another quarter of solid results against a backdrop of slowness in the container segment and volatile commodity markets. Despite these headwinds, we continue to achieve profitability and strong volumes […]

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