小插曲还是大幅回调的开端？

关键论点

• 墨西哥非核心通胀已从约1%同比的通缩缓冲，转为明显高于3.0%同比。
• 核心通胀似已于9月见底，10月上半月回升至3.78%同比。
• IGAE活动指标偏强叠加股市避险下比索贬值，明显压缩墨西哥央行降息空间。
• Natixis认为墨西哥央行会议纪要意在表明不会机械跟随美联储紧缩，而非暗示即将降息。

对应原文证据

1. Next week, we expect the FOMC to leave the policy rate unchanged, with the upper bound remaining at 4.00%. · next week
2. We hold our current views of long 2yrs, long 10s on the fly, and remain cautious on steepeners near term. · near-term
3. ► Mexico –Inflation edges higher, reducing the chances of arate cut.