The dollar trades at 18.63 pesos, up 0.43% from Monday's close, after the peso posted seven consecutive weekly losses totaling about 10.5% between September 4 and October 23. The Fed will announce its rate decision on Wednesday, October 28, and Banxico on Thursday, November 5. Futures assign about a 90% probability that the Fed will hold rates, while three of the five Banxico board members are open to evaluating a cut.
Analysts consulted by Ámbito say some Cedears of defensive companies allow investors to build a stable portfolio with predictable cash flow. Ambrosetti describes them as consolidated businesses with global brands, recurring demand and the ability to pass cost increases on to prices. IOL highlights the XLP US consumer staples ETF for its defensive scale and dividend policy, while Bull Market Brokers points to McDonald's as a predictable cash-flow generator.
The average mortgage amount on homes reached 181,285 euros in August, 7.7% more than a year earlier, according to INE. With an average initial rate of 3.08%, a 180,000-euro mortgage requires net income of 2,875 euros over 20 years, 2,460 over 25 years and 2,190 over 30 years, applying the recommendation that the payment not exceed 35% of income. The Bank of Spain notes that lenders usually do not lend more than 80% of the appraisal value.
Coca-Cola reported revenue of about US$13.38 billion, up 7.4% year on year and roughly 3.6% above the US$12.92 billion consensus. Comparable earnings were US$0.91 per share versus the US$0.881 expected, and the company raised its 2026 outlook for the third time: it now expects EPS growth of at least 11% and free cash flow of at least US$13 billion. Volume grew 5%, while price and mix contributed 1%. Shares were down about 0.4% during the session.
The dollar fell 10.2 pesos to 980 in Chile early Tuesday afternoon, its lowest level of the session, according to Bloomberg. The exchange rate had started the week near 1,000 pesos while the Brazilian real depreciated at a double-digit pace after Lula da Silva's presidential victory. According to a Banco Bci trader, foreign flows sold dollars in Chile and copper rose 1% to US$6.56 per pound. The market awaits the Chilean central bank's statement and the Fed meeting.
Anthropic's IPO, with its prospectus already filed with the SEC, is seen by managers at Banor, XTB, LFDE and eToro as a test for all listed AI, at a time when the Nasdaq 100 is down 7% from its October highs. Anthropic posted revenue of $16.286 billion in the first half of 2026 and net losses of $80.748 billion. The experts point to its dependence on Amazon and Google and to how profits are shared across the value chain.
The Russell 2000 has fallen 9.2% from its August highs and again tested its 200-day moving average, after closing Monday at 2,786 points, 0.5% below that reference near 2,801 points. The small-cap index awaits the Federal Reserve's rate decision, in a context where financing remains a concern for companies that rely on variable-rate loans or need to refinance debt frequently.
The Federal Trade Commission (FTC) sued discount chain Dollar General over what it called "longstanding deceptive pricing practices," charging customers more at checkout than the prices shown on shelves and in advertisements. Twenty states joined the complaint, filed in the U.S. District Court for the Middle District of Tennessee. The FTC says the company did not fix the problem despite corporate awareness of it. Dollar General did not respond to a request for comment from The Associated Press.
Granada-based utility Cuerva began operating the Rules hydroelectric plant, with 4.36 MW of capacity, whose construction ended in December 2025. The facility is expected to produce an average of 24,000 MWh per year, equivalent to the electricity consumption of more than 6,000 households, and required an investment of close to five million euros. The project uses existing hydraulic infrastructure at the dam and is complemented by 92 solar panels totaling 51 kW for lighting and auxiliary services.
Mercedes-Benz lowered its forecast for the adjusted operating margin in its core car segment to between 2% and 3% for 2026, down from the previous 3%-5%, citing deteriorating conditions in the Chinese market and higher fourth-quarter costs, including more expensive materials. Sales in the core segment fell 8% year on year in the third quarter. The stock fell about 2.67% in the session after dropping as much as 5.5%. Volkswagen and BMW had already cut forecasts for similar reasons.
The dollar in Mexico (USDMXN) gains about 0.5% and approaches 18.66 pesos again, in a session marked by a stronger global dollar and weaker-than-expected Mexican trade figures. The dollar index rose toward 102.2 points, its highest level in about two weeks, while the market awaits the Federal Reserve's decision, with the central bank's meeting having begun on Tuesday. Mexico posted a trade deficit of US$606 million in September, versus the expected US$400 million.
Brazil's Federal Police is investigating whether Senator Flávio Bolsonaro left Brazil and deployed checks around his home, while also reviewing border crossing and international flight records. The probe began after Supreme Federal Court Justice Alexandre de Moraes barred him from leaving the country and ordered him to hand over his passports in a suspected money-laundering case. So far no official records of a regular border crossing into Argentina have been found. His political circle denies a flight.
The Central Bank of Venezuela (BCV) said the official dollar rate for Tuesday, October 27, 2026, stands at 887.30 bolívares (VES) per dollar, compared with its October 23 report, reflecting a declining movement of the bolívar against the U.S. currency. The BCV also published rates for other currencies, including the euro at 994.03 bolívares and the Chinese yuan at 133.03 bolívares, and reported buy and sell rates at banks in the country.
General Motors announced it plans to transfer the listing of its common shares from the New York Stock Exchange to the Nasdaq Global Select Market, where they are expected to begin trading on November 17, 2026. The last session on the NYSE would be November 16. The company will keep the GM ticker and shareholders will not need to take any action. The shares rose about 2.4% in pre-market trading after the announcement. GM linked the decision to its technology-focused strategy.
Luiz Inácio Lula da Silva's victory hit markets in Brazil and across the region. The Santiago stock exchange fell 1.59% and Chilean shares with high exposure to Brazil were the hardest hit: Latam dropped 5.80% and Enel Américas 8.58%. According to XTB estimates, the airline lost US$771 million in market value and the utility US$820 million; together with Cencosud, CMPC and Empresas Copec, the five firms' combined loss reached US$1.75 billion. The Brazilian market destroyed US$122.154 billion in a single day.
Royal Caribbean Group (NYSE:RCL) rose about 6.3% in early Tuesday trading in the U.S. after reporting third-quarter adjusted earnings per share of $6.57, above the $6.38 consensus. Revenue grew 9% year over year to $5.6 billion, slightly below the $5.61 billion expected. The company raised its 2026 adjusted earnings per share forecast to a range of $17.85 to $17.95.
Coca-Cola reported adjusted earnings per share of $0.91 and revenue of $13.4 billion in the third quarter, above analyst estimates of $0.88 and $12.93 billion, respectively. Revenue grew 7% year over year and global unit case volume rose 5%. The company raised its 2026 outlook for organic revenue growth, comparable adjusted earnings per share and free cash flow. Despite the results, its shares fell about 0.4% after the U.S. market opened.
The Federal Reserve will announce its decision on Wednesday and is expected to keep its benchmark rate in the 3.75%-4% range, less than a week before the U.S. midterm elections. With inflation at 3.7% in September and energy prices high, markets price more than a 90% chance of holding rates and a 73% chance of a quarter-point hike in December, according to CME Group's FedWatch. Investors will watch remarks by Chair Kevin Warsh.
Markets are recovering from the recent selloff in tech stocks, with indices trading higher from Tokyo to New York. The KOSPI rose 3.1% and the Nikkei 225 gained 1.7%, while in Europe the Stoxx 600 added 0.2% and the FTSE 100 fell 0.9% on HSBC's 6% drop. The shift was driven by three large AI-related deals: Anthropic's IPO filing, a Meta share issuance of up to $95 billion and $63 billion raised by Broadcom.
Petróleos de Venezuela (PDVSA) and Swiss engineering company Sulzer signed a five-year cooperation agreement to support the development of strategic industrial infrastructure in Venezuela and address the needs of the oil and gas sector. The agreement, announced on October 27, 2026, sets a commercial framework for future orders in PDVSA's operating areas, although no specific contracts or investment figures have been announced.
