# Mexican stocks rise as latest NAFTA trade talks wrap up

> Mexico's peso and stock index posted modest gains as the seventh round of NAFTA talks concluded with reports of some progress. US Trade Representative Lighthizer said the steel and aluminum tariffs serve as an incentive for Canada and Mexico to reach a deal.

- Date: 2018-03-05 · published 2018-03-05T12:00:00.000Z
- Category: trade · region North America · magnitude low
- Page: https://feedsoft.ai/events/66221-mexican-stocks-rise-as-latest-nafta-trade-talks-wrap-up
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Progress in NAFTA talks reduces uncertainty for North American feed grain and meal trade, though the outcome remains unresolved and currency moves are small.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/emerging-markets-latam/emerging-markets-mexican-stocks-rise-as-latest-nafta-trade-talks-wrap-up-idUSL2N1QN1SD/?feedName=companyNews&feedType=RSS

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