# Morning Bid: Beijing stimulus given benefit of the doubt | Reuters

> Markets are weighing a Beijing stimulus package, and carry trades have held up despite a shift in Bank of Japan policy. The Mexican peso jumped 2.3% on Friday and neared its highest level since 2014. The gap between Japanese and emerging-market interest rates remains large.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/35268-morning-bid-beijing-stimulus-given-benefit-of-the-doubt-reuters
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Changes in Japanese rate policy and Chinese stimulus shape global risk appetite and currency flows. Those flows affect the cost of dollar-priced imports for emerging-market feed buyers, but no direct commodity supply change is described.

## Sources

- reuters.com: https://www.reuters.com/markets/global-markets-view-europe-2023-07-31/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.