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IMF cuts Latin American, Caribbean growth forecasts on energy shock, little AI boost Flavio Bolsonaro leads Lula in simulated runoff, BTG/Nexus poll shows Investors bullish on Brazilian right-wing candidate's win in October 25 runoff, BofA survey shows Budget cuts would impair Colombia's peace court, officials say By J
(Updates prices) Most major Latin American markets are closed for holiday Peru's GDP data due later in the week Investors focus on Brazil's October 25 presidential runoff India's September inflation nears central bank's tolerance ceiling By Johann M Cherian and Niket Nishant Oct 12 (Reuters) — Mexican equities reached
Most Latin American stocks fell and regional currencies were mixed as a firmer US dollar and higher Treasury yields outweighed support from metal prices. Brazil posted a smaller-than-expected August primary deficit, while Colombia held IMF financing talks, sources said.
Latin American currencies and stocks fell to multi-week lows as stalled US-Iran talks and expectations of higher Federal Reserve rates hurt sentiment. Brazil's current account deficit widened to $5.1 billion in August, above forecasts.
Latin American equities were mixed, while currencies were flat to higher against the dollar as investors weighed hopes of diplomatic progress in US-Iran conflict, and looked ahead to inflation data later this week from Brazil and Mexico.