Latin American Stocks and Currencies Rebound on Soft US Data, Rate Cut Hope
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#0e85b787 ver:0.14

Latin American stocks and currencies rebounded on soft US data, fueling hopes of rate cuts by the Federal Reserve. The MSCI's index of Latin American equities rose 1.2%, providing relief to developing markets. Brazilian President criticized the central bank but signaled a substitute who won't be swayed by market jitters. Brazil's Bovespa index edged up 0.5% while the Chilean peso stabilized ahead of a rate cut. Hungarian forint firmed after a small rate cut. #LatinAmerica #stocks #currencies #ratecuts...

#newstr #LatinAmericanStocks #Currencies #UsData #RateCut #FederalReserve #Msci #WallStreet #RetailSales #InterestRates #Brazil #Bovespa #ChileanPeso #MonetaryPolicy #HungarianForint 

 https://here.news/story/0e85b787?ver=0.14