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The USDA expects US imports of Mexican sugar to reach up to 1.15 mln mt in 2026-27, sheinbaum said on social media, a 512% increase versus 2025-26. The figure appeared in a USDA supply-and-demand report published July 10. At current prices the additi

2026-07-13

The USDA expects US imports of Mexican sugar to reach up to 1.15 mln mt in 2026-27, sheinbaum said on social media, a 512% increase versus 2025-26. The figure appeared in a USDA supply-and-demand report published July 10. At current prices the additional volume would generate up to 47.6 bln MXN (about $272 mln) for Mexican producers. US demand for Mexican sugar fell to roughly 200k mt in the cycle ending September, down from over 1 mln mt in the cycle ending 2022, prompting Mexico to open talks with US authorities in November.

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2026-07-13

Nick Timiraos writes that last month the Fed chair presided over their first in-office meeting, where the committee unanimously left rates unchanged. Consensus was initially easy because few members wanted to act, but Timiraos says sustaining it will

Nick Timiraos writes that last month the Fed chair presided over their first in-office meeting, where the committee unanimously left rates unchanged. Consensus was initially easy because few members wanted to act, but Timiraos says sustaining it will be harder as some colleagues grow more concerned about inf and may push to discuss hikes at the Fed’s July 28-29 meeting. The chair will have an opportunity to shape consensus during this congressional testimony week and will possess the June inf print — the last major data before the meeting.
2026-07-13

Hong Kong auto sector extended losses: SERES (09927.HK) down over 10%, GAC Group (02238.HK) off about 7% and Lantu Auto (07489.HK) down over 6%.

Hong Kong auto sector extended losses: SERES (09927.HK) down over 10%, GAC Group (02238.HK) off about 7% and Lantu Auto (07489.HK) down over 6%.
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