LatAm assets mixed ahead of US and Brazil rate decisions; oil slips
LatAm FX were mixed versus a steady U.S. dollar ahead of a Federal Reserve policy decision, while lower oil prices weighed on Brazilian stocks before Brazil’s central bank meeting. MSCI’s LatAm FX index (.MILA00000CUS) edged up 0.2%.
Latin American currencies were mixed on Wednesday against a steady U.S. dollar ahead of a Federal Reserve policy decision, while lower oil prices pressured Brazilian stocks before a local central bank meeting. MSCI's index tracking LatAm FX (.MILA00000CUS) edged up 0.2%, while a corresponding equity gauge for the region fell 0.2% on the day.