The Brazilian Real Latam is ahead of the FX; Stock jumps 2%

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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

Weak dollar.

The MSCI index of Latam stock has risen

2.4%, the broad rise surpassed the 0.1% fall

Market index.

“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

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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.

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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.

Zimba says.

“The central bank is probably continuing its hike

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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)



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