| * Peña Nieto promises to transform Mexico despite protests * Brazil says US violated its sovereignty with spying programme * Emerging Stocks Erase Gains After Missile Report; Lira Tumbles * Indonesia trade deficit hits $2.3bn as inflation soars * India's exporters weigh benefits of rupee fall * Oil hit by falling Libyan output * Mine unions, bosses in war of words before South Africa gold strike * Ecobank chief to forego bonus in bid to quell unease * S Africa seeks global action to tackle emerging markets turmoil * Brazil and Mexico: trading places? Markets: mixed Peña Nieto promises to transform Mexico despite protests
Enrique Peña Nieto, Mexico's president, vowed to push ahead with "transformational" reforms in education, energy, finance and taxation in his maiden state of the nation speech delivered against a backdrop of mass teacher protests.
http://on.ft.com/1aeCx6b Brazil says US violated its sovereignty with spying programme
Brazil has reacted with outrage to reports that the US spied on the phone calls and emails of President Dilma Rousseff, straining Washington's already fragile relationship with the Latin American country.
http://on.ft.com/17FL0gT Emerging Stocks Erase Gains After Missile Report; Lira Tumbles
Emerging-market stocks erased gains with India and Turkey leading losses after RIA Novosti reported the detection of a missile launch in the Mediterranean. Turkey's lira tumbled and the shekel weakened.
http://bloom.bg/14mwKTX Indonesia trade deficit hits $2.3bn as inflation soars
The gloom surrounding Indonesia continued to deepen on Monday after southeast Asia's biggest economy posted a record monthly trade deficit and inflation climbed to a four-year high.
http://on.ft.com/134c5qm India's exporters weigh benefits of rupee fall
As Prime Minister Manmohan Singh wearily defended his response to India's growing currency crisis last Friday, he had the look of a man desperate for sight of a silver lining.
http://on.ft.com/19cpRrX Oil hit by falling Libyan output
While Syria may have stolen the headlines in the oil market last week, oil traders and refiners are paying closer attention to Libya. The north African country has seen oil output slashed from around 1.4m barrels a day to around 250,000, as ports and oilfields have been closed by striking workers and militias.
http://on.ft.com/19bJErv Mine unions, bosses in war of words before South Africa gold strike
South African union leaders warned on Monday, a day before a strike in the gold sector, that mine owners' handling of pay talks could provoke violence, and bosses said wage hikes would force mine closures and cost thousands of jobs.
http://reut.rs/18x4csa Ecobank chief to forego bonus in bid to quell unease
The chief executive of Ecobank Transnational (ETI) has said he would forego a controversial $1.14m bonus for 2012 and launch an internal inquiry into allegations of mismanagement, in a bid to draw a line under a crisis of confidence in the pan-African lender's leadership.
http://on.ft.com/17jBKca S Africa seeks global action to tackle emerging markets turmoil
South Africa has called for more collective international action to tackle the turmoil afflicting emerging market currencies as leaders of the world's leading economies prepare to gather at the G20 summit this week.
http://on.ft.com/14dPXMQ Brazil and Mexico: trading places?
Brazil's PMI numbers for August are out and they offer little comfort for those hoping that the real's plunge against the dollar would give a boost to the country's manufacturing sector.
http://on.ft.com/1e80N9f Emerging Markets
MSCI Emerging Market Index down -0.10% at 937.36 Europe
FTSE up -0.10% at 6,500
RTS up +0.02% at 1,292
Warsaw Wig down -0.31% at 49,033
FTSE 300 Eurotop up +0.15% at 1,219 Americas
DJIA down -0.21% at 14,810
S&P 500 down -0.32% at 1,633
Bovespa up +3.65% at 51,835 Asia
Nikkei 225 up +2.99% at 13,978
Topix up +2.81% at 1,149
Hang Seng up +0.99% at 22,395
Shanghai Composite up +1.18% at 2,123
MSCI Asia ex-Japan up +0.12% at 440.29
CNX Nifty down -3.77% at 5,341 Currencies
€/$ 1.32 (1.32)
$/¥ 99.41 (99.29) Commodities
Brent Crude (ICE) up +0.72 at 115.05
Light Crude (Nymex) down -0.36 at 107.29
100 Oz Gold (Comex) up +0.10 at 1,396 | 
