Latin American currencies and stocks
fell on Wednesday as hopes for less aggressive policy moves from
central banks to combat inflation fizzled out, while Brazil's
real pared some losses in ...
The chief executive of Chilean miner Antofagasta Plc (ANFGF), Ivan Arriagada, voiced concern on Wednesday that a more recessionary environment could depress copper prices, adding he expects any global downturn to be temporary.
Latin American currencies and stocks
fell on Wednesday after a three-day rally, with the dollar
gaining ground as recent market optimism driven by bets of less
aggressive policy moves by central ...
Industrial output in Brazil fell 0.6% in August from July, in line with market expectations, data from government statistics agency IBGE showed on Wednesday. On a yearly basis, IBGE added, production rose 2.8%. Economists polled by Reuters had forecast a 2.3% increase.
- An earthquake with a magnitude of 5.6 struck the Peru-Ecuador border region on Wednesday, the European Mediterranean Seismological Centre said. The quake was 25 km east-northeast of Sullana, Peru and had a depth of 60 km, the EMSC said.
Major developed central banks delivered in September rate hikes at a pace and scale not seen in at least two decades, ramping up their fight against multi-decade high inflation with little let-up in sight.
By Jamie McGeever. Brazilian markets are grabbing the headlines, leading investors' stampede back into riskier assets following the first round of voting in the country's presidential election. The rally in Brazilian assets on Monday was breathtaking.
Most Latin American currencies rallied
on Tuesday, as the dollar weakened with a fall in U.S. Treasury
yields, while the Brazilian real struggled for direction after a
stellar session driven by ...
Social and infrastructure investments can be key drivers of growth for Latin America and the Caribbean as countries now face the longer-term effects of the pandemic on education and health, the World Bank said in a report on Tuesday.
By Jamie McGeever. Brazilian markets are grabbing the headlines, leading investors' stampede back into riskier assets following the first round of voting in the country's presidential election. The rally in Brazilian assets on Monday was breathtaking.
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