MEXICO: Second Quarter GDP Grows 1.8%, Lowest Annual Rate Since 2014

The chief economist at the Mexican finance ministry said on Monday that there could be an upward revision to the official 2017 gross domestic product forecast if final data is as good as preliminary data.

Businesses in the country have had to contend with higher interest rates brought on by a spike in inflation. They posted a contraction of 2.0 percent from the first quarter.

GDP growth in the second quarter of 2017 was a result of an increase in the services sector (+3.2%) and the primary sector activity (+0.7%).

Industrial production edged up 0.1% from the first quarter while services grew 0.8%.

Repeal and replace or end the health payments
For seven years, Republicans have promised that once they took power, they would scrap Obama's overhaul and pass a replacement. The Senate has one vote scheduled when it reconvenes on Monday afternoon: whether to confirm a US circuit court judge.

Pan American Silver Corp. (NASDAQ:PAAS) Shares Sold by Credit Suisse AG
Over the last five days, shares have faced -6.65% losses and now is up 13.95% since hitting its 200-day moving average of $16.57. Zacks Investment Research cut Pan American Silver Corp. from a buy rating to a hold rating in a report on Friday, May 12th.

The Urban Outfitters (URBN) Earning Somewhat Positive Press Coverage, Analysis Shows
Jpmorgan Chase And holds 0% or 140,434 shares. (NASDAQ:URBN) has declined 30.56% since July 27, 2016 and is downtrending. It seems that Scientific Games Corporation (NASDAQ:SGMS) might see muted action given an ABR of 2.7 or Hold rating.

Trump took office in January threatening to impose punitive tariffs on Mexican-made goods, arguing that growth in industrial capacity in Mexico by U.S. firms has hollowed out USA manufacturing and cost thousands of jobs.

So far, his threats have not materialized, and the United States, Canada and Mexico are due to begin renegotiating the North American Free Trade Agreement next month.

Mexico lifted its growth outlook for 2017 in May to a range 1.5% to 2.5% as fears faded regarding President Trump's policies wreaking havoc on exports.

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