MEXICO CITY, Jan 10 (Reuters) - Mexico's currency weakened against the dollar on Wednesday and stocks extended losses after a Reuters report said Canada increasingly believes that U.S. President Donald Trump will soon announce his intention to withdraw from the NAFTA trade treaty.
Two government sources told Reuters they expected Trump to make his move at about the same time that negotiators from the United States, Canada and Mexico meet in late January for another round of talks to modernize NAFTA. Mexico's peso reversed slight gains against the dollar after the report, and was trading down more than 0.6 pct at 1925 GMT, while the S&P/BM IPC stock index was down about 1.7 percent.
(Reporting by Miguel Angel Gutierrez)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.