24-07-2017 23:14 via rocketnews.com

EMERGING MARKETS-Mexico stocks hit high, Brazil yields dip on rate cut bets

(Adds analysts comment, details on Mexican stocks, updatestable) By Sheky Espejo MEXICO CITY, July 24 (Reuters) – Mexican stocks rose to arecord high, backed by forecasts for strong earnings reportsthis week, while yields on Brazilian interest rate futuresdipped on bets the central bank will cut rates aggressively thisweek. Mexico’s S&P/BMV IPC stock index ticked up to a newall-time high. “There are chances for even more record highs dueto the expectation of good earnings r
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