{"id":3328,"date":"2024-11-26T18:47:07","date_gmt":"2024-11-26T18:47:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3328"},"modified":"2024-11-26T18:47:07","modified_gmt":"2024-11-26T18:47:07","slug":"stocks-mixed-ahead-of-fed-minutes-mexican-peso-tumbles-to-over-2-year-lows-on-tariffs-fears-whats-driving-markets-tuesday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3328","title":{"rendered":"Stocks Mixed Ahead Of Fed Minutes, Mexican Peso Tumbles To Over 2-Year Lows On Tariffs Fears: What&#8217;s Driving Markets Tuesday?"},"content":{"rendered":"<div>\n<p>The U.S. stock market traded mixed on Tuesday morning, with major indices showing tight movements as investors awaited the release of the Federal Reserve&#8217;s <a href=\"https:\/\/www.benzinga.com\/topic\/interest-rates\">November meeting minutes<\/a>. <\/p>\n<p>Reports are expected to provide fresh critical insights into the central bank&#8217;s outlook for interest rates. Fed futures currently assign a 59% probability of a 25-basis-point rate cut in December. The remaining odds suggest the Fed may hold rates steady in the 4.5%-4.75% range, as per CME FedWatch.<\/p>\n<p>Fed futures are currently assigning a 59% chance to a 25-basis-point Fed rate cut in December, while remaining odds point to the option of holding rates steady at 4.5%-4.75%, as per CME FedWatch. <\/p>\n<h3 class=\"wp-block-heading\">25% Tariffs On All Imports<\/h3>\n<p>In a relatively quiet trading session, both Mexican and Canadian assets saw a surge in volatility after President-elect <strong>Donald<\/strong> <strong>Trump<\/strong> pledged to <a href=\"https:\/\/www.benzinga.com\/etfs\/currency-etfs\/24\/11\/42190765\/trumps-tariff-threats-slam-mexican-peso-canadian-dollar-only-the-beginning-of-a-sorely-needed-repricing-expert-warns\">raise tariffs to 25% on all imports from Mexico and Canada<\/a>, citing efforts to combat drug trafficking and illegal immigration.<\/p>\n<p>The Mexican peso dropped 2.5%, falling to 22.80 per U.S. dollar, a level of weakness not seen since August 2022. The <strong>iShares MSCI Mexico ETF<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/EWW#NYSE\">EWW<\/a>) also &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/global\/24\/11\/42197578\/stocks-mixed-ahead-of-fed-minutes-mexican-peso-tumbles-to-over-2-year-lows-on-tariffs-fears-whats-dri\" alt=\"Stocks\" mixed ahead of fed minutes mexican peso tumbles to over lows on tariffs fears: what driving markets tuesday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. stock market traded mixed on Tuesday morning, with major indices showing tight movements as investors awaited the release of the Federal Reserve&#8217;s November meeting minutes. Reports are expected to provide fresh critical insights into the central bank&#8217;s outlook for interest rates. Fed futures currently assign a 59% probability of a 25-basis-point rate cut [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3328","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3328"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3328\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}