Optimistic comment

The big story today is from Politico, who says the US may announce (by itself) that it's cleared up some issues with Mexico on autos.

Mexico doesn't want to do a photo op or announce anything until the rest of the details with Canada are worked out.

Update: Guajardo says inclusion of at least technical negotiators from Canada will depend on how conversations go today.

Lots of risk for MXN and CAD today and in the near term.

Separately, Mexico's incoming negotiator Seade said commenting on the timing for a NAFTA deal would be premature but noted that the US and Mexico are making good progress.