- EMERGING MARKETS-Trade, Brexit deal hopes spark rally in Latam assets
The Mexican peso hit a two-month high on
Friday, while Latin American stocks jumped nearly 2% as optimism
over U.S.-China trade talks and a Brexit deal spurred a rush for
The Mexican peso, vulnerable to trade risks due to
its reliance on U.S. economy, jumped 0.7% to 19.31 per dollar,
while the Chilean and the Colombian pesos rallied
about 0.8%, getting extra boost from a rally in metal and oil
With the U.S. dollar down ab
- EMERGING MARKETS-Brazilian stocks lead Latam shares higher amid trade optimism
Latin American stocks tracked Wall Street
higher on Wednesday, with Brazilian shares up more than 1% on
heightened possibilities of a rate cut by the country's central
bank and on positive outlooks from some firms.
MSCI's index of regional shares rose 0.8%,
with shares in Colombia also up 0.2%, while Mexican
shares were marginally higher.
Optimism stemmed from signs of easing hostility in the
U.S.-China trade wa
For more information about current affairs, business, economy, politics and more, use InsideWorld's free daily e-mail news service.
If you would like to receive news, but do not have an InsideWorld account yet, click below to setup your free account now and start receiving news right away.
|Click here for your free subscription
Login to your account for
for advanced settings:
is a collection of country and region web sites providing local news and information to a worldwide audience.
Use InsideWorld’s headlines available on this site to access the latest stories. Or sign up today.