Latam equities slip as stronger U.S. jobs revives Fed hike bets
Most Latin American stocks eased Friday after a stronger-than-expected U.S. jobs report increased expectations of an imminent Federal Reserve rate hike, lifting the dollar and weighing on risk appetite.
Most Latin American stocks eased on Friday after a stronger-than-expected U.S. jobs report pushed up expectations for an imminent Federal Reserve rate hike, while the dollar firmed and appetite for riskier assets weakened. U.S. job growth accelerated sharply in August.