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Mexico 1st half-month Core Inflation below expectations (0.2%) in April: Actual (0.18%)

Mexico Retail Sales (YoY) registered at 3.1%, below expectations (4.1%) in February

Mexico Retail Sales (YoY) registered at 3.1%, below expectations (4.1%) in February
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Oil: Security shock and Hormuz blockade – BNY

BNY’s Bob Savage reports that the International Energy Agency warns of the biggest energy security threat in history as the Iran conflict and Strait of Hormuz closure remove significant Oil supply. Savage details tanker interceptions, rising crack spreads and stronger Brent options activity.
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