Latin American Stocks and Currencies Rebound on Soft US Data, Rate Cut Hope; Lula's Government Sees Slight Approval Rating Boost Amid Economic Challenges
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#0e85b787 ver:0.15

Latin American stocks and currencies rebounded on soft US data, raising hopes for rate cuts by the Federal Reserve. The MSCI's index of Latin American equities rose 1.2%, while the dollar eased. Brazilian President Lula's government saw a slight approval rating boost amid economic challenges. The Brazilian real weakened by over 8% since March, and Lula criticized the central bank. However, he signaled a substitute who won't be swayed by market jitters. The Chilean peso stabilized ahead of a rate cut, and the Hungarian forint firmed after a small rate cut. #LatinAmerica #stocks #currencies #economy...

#newstr #LatinAmericanStocks #Currencies #UsRetailSalesData #InterestRateCuts #FederalReserve #Brazil #LulaDaSilva #ApprovalRatings #Economy #Poll 

 https://here.news/story/0e85b787?ver=0.15