MEXICO CITY, May 24 (Reuters) – The Mexican peso and the stock market fell on Tuesday, dragged down by uncertainty regarding the next steps of the authorities to reduce inflationary tensions and the expectation of a tightening of monetary policy at a global level. .
* The currency was trading at 19.8773 per dollar, depreciating 0.12% against Monday’s Reuters benchmark price.
* The peso started the day with gains after the publication of the inflation data for the first half of May, which showed a decrease of 0.06%, but reversed that trend in the middle of the day, pending a speech by the president of the United States Federal Reserve.
* The benchmark S&P/BMV IPC stock index fell 0.41% to 51,160.24 points.
* The drop of more than 4.7% in the titles of the cement company Cemex stood out, which chained two days of losses, and the drop of almost 4% in the papers of the Mexican airline Volaris.
* The main stock markets in the world return to negative territory. In particular, US indices fell due to the downward revision of profit forecasts by the company Snap, Ci Banco said.
* In the debt market, the 10-year bond yield fell one basis point to 8.65%, while the 20-year rate fell three points to 8.98%. (Reporting by Valentine Hilaire)
