Finance Division in its monthly economic update and outlook for October says economy has demonstrated sustained recovery during first quarter of fiscal year 2025
It was the second-highest reading in the 26-year history of the index, compilers Silf and Swedbank said in a statement, and follows strong GDP figures for the first quarter.
Benchmark copper on the London Metal Exchange was down 0.9% to $8,883 a tonne.
"Copper prices lurched lower after we saw the news about the ship in the Suez Canal," a copper trader said. "There may still be a knock-on effect on costs and there is still a queue, but at least the canal isn't blocked any more."
Brazil's real rose 0.5% against a stronger dollar. A survey on Monday showed the pace of expansion in the country's manufacturing sector picked up again in February after three months of deceleration.
MXN bonds were the most sensitive during the 2013 & 2016 yields spikes and will likely be hit relatively more as US yields rise.