Mexico-Linked Futures

Summary

Comparative analysis of six futures related to Mexico—corn, WTI crude, silver, MXN/USD, monthly F-TIIE, and the IPC—with pricing, term-structure interpretation, and Mexico-specific implications.

Context

The report separates cost-of-carry pricing for storable commodities, covered interest parity for foreign exchange, and compounded-index settlement for interest-rate futures.

Main contributions

• Compares six commodity, equity-index, foreign-exchange, and interest-rate futures linked to Mexico.
• Interprets each asset's term structure and a one-day pricing decomposition.
• Discusses economic and market implications specific to Mexico.