Latin American stocks rose more than 2%
The perception of risk on global and strong metal prices improved on Monday
Commodity-heavy indicators have risen, while currencies have risen above a
The MSCI index of Latam stock has risen
2.4%, the broad rise surpassed the 0.1% fall
“We are still a dynamic country with some latam countries
Because their emerging markets may be more profitable than their peers
They assemble these products well and some are placed
Central banks are a little bit ahead of the curve, “said Rachel
Zimba, founder of Zimba Insights.
The US dollar index is down 0.7%, which supports risk
Currency, while sentiment around China has improved
Shanghai is also starting to come out of the lockdown
The currency index advanced 1.1%, led a
1.8% Brazilian Real Jump,.
Meanwhile, in the Minor Valley, SA leads Brazil’s Bouvespa
The index is up 1.1%, as iron ore prices have risen since India
Export tariffs on some products have been increased to control inflation
Copper prices have risen to their highest in more than two years
Weeks, due to declining inventories and a weaker dollar,
The producers raise the currencies of Chile and Peru
0.9% and 0.5%, respectively.
In one market, the Mexican peso rose 0.4%
Focusing on the decisions of the forthcoming monetary policy of the United States
The Federal Reserve and the Bank of Mexico deal with inflation.
Inflation data from Mexico is forecast to weaken this later
Slowed down in the first half of May, though still a long way off
Strengthens expectations, above the central bank’s targets
Interest rates continue to rise for the rest of the year.
“Mexico continues to be a country that is really struggling
Growth and one that doesn’t have much policy space
Financial and financial aspects. And so, we continue to see
This combination of relatively high inflation and low growth.
“The central bank is probably continuing its hike
Path with moderate hike. “
In Colombia, presidential candidates have barred them
Gain public event with extensive publicity on Sunday
Voter support for election week.
The Colombian peso has risen about 1% against the dollar.
Elsewhere, the Russian ruble strengthened 4.5%
Capital control against the dollar and supported by an impending
Month end tax period.
The original Latin American Stock Index and Currency at 1445 GMT:
Stock Index Latest Daily%
MSCI Emerging Markets 1034.79 -0.05
MSCI LATAM 2433.71 2.42
Brazil Bovespa 109572.31 1
Mexico IPC 51577.43 0.11
Chile IPSA 5084.47 2.04
Argentina Merval 88968.27 0.964
Colombia COLCAP 1475.08 1.08
Currency Latest Daily%
Brazilian Real 4.7971 1.54
Mexico Weight 19.7971 0.27
Chile Weight 827.8 1.10
Colombia weighs 3927.85 0.94
Peru Sol 3.707 0.57
Argentine Peso (Interbank) 118.9500 -0.39
Argentine Peso (Parallel) 202 0.99
Reporting by Bansari Mayur Kamdar and Shreyashi Sanyal
Bangalore; Edited by Bernadette Baum)