A magnitude 6.7 earthquake hit the Gulf of California off the Mexican coast today, the US Geological Survey Web site said.
It said the quake struck 89 km (56 miles) from Santa Rosalia on the east coast of the Baja California peninsula.
The nearby coastal area of Mexico is relatively unpopulated.
The USGS described it as a "strong" quake.
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Markets in Europe moved on reports of the quake which struck at 08.32 am.
It boosted demand for safe-haven government bonds, lifting US, euro zone bond futures and the Swiss franc sharply higher.