Best forex robot EMERGING MARKETS-Latam FX retreats, Argentine assets plunge on capital controls - Reuters India thumbnail

Best forex robot EMERGING MARKETS-Latam FX retreats, Argentine assets plunge on capital controls – Reuters India

Business/Investing

Best Forex (Click Here For Best Forex Techniques) robot

 * Argentine stocks at over 3-month low
* Brazil's genuine flat after c.bank holds rates, stocks increase
* Mexican stocks fall in catch-up trade

( Includes information, updates rates).
By Susan Mathew and Ambar Warrick.
Sept 17 (Reuters) - Latin American currencies fell on.
Thursday after U.S. weekly out of work claims data pointed to a.
slow economic recovery, while Argentine properties plummeted in.
the wake of fresh capital controls.
Argentine stocks sank 4%to their lowest given that early.
June, while the peso continued to descend into.
record-low area after the federal government earlier today.
limited dollar access to safeguard its little Forex (Click Here For Best Forex Techniques) reserves.
The relocation brewed unpredictability over the nation's financial.
prospects, even as inflation appeared to be stabilizing.

Brazil's real was flat after the reserve bank held.
rates steady on Wednesday, as anticipated, after 9 successive.
cuts.
The bank pledged to promote the coronavirus-hit economy.
with "forward assistance" instead of more rate cuts. It warned.
that inflation in the short-term might be greater than formerly.
thought.
" The significant development in this policy statement is the.
intro of forward guidance," Sacha Tihanyi, deputy head of.
emerging markets method at TD Securities, said about Brazil's.
main bank communique.
" Our company believe this guidance should flatten the rates curve ...
In addition, we alter our rate view to one in which the main.
bank stays on hold till fourth quarter of 2021, and then.
starts slow policy normalization.".
Brazilian stocks were a touch greater, surpassing.
their local peers as oil and gas heavyweight Petrobras.
flagged strong financier need for a bond buy-back.
and made development in a growth at its Rio de Janeiro.
melted natural gas (LNG) import terminal.
The Mexican peso rose somewhat, while the Colombian.
peso fell 0.7%. Chile's peso broke a four-session.
losing streak as prices of copper, the most significant source of Chile's.
export income, pulled away.
High-yield currencies in the emerging market space have.
drawn renewed interest in current months, with economic readings.
gradually moving towards pre-pandemic levels. But sentiment still.
stays delicate, especially in Latam, which is the.
worst-stricken region in the world by the infection.
The World Health Organization's Latam director stated the.
area began to resume typical social and public life too.
early.
Stocks in the area slumped, tracking carry on Wall Street.
after the U.S. Labor Department's report showed the variety of.
Americans submitting new unemployed claims remained at incredibly high.
levels.
Mexican shares slipped 1.4%in catch-up trade after a.
vacation on Wednesday, while Colombian stocks shed.
0.4%.
The Peruvian sol was mostly flat, ahead of President.
Martin Vizcarra dealing with an impeachment hearing on Friday after.
the nation's constitutional court rejected his interest delay.
congressional efforts to remove him from his post.

Key Latin American stock indexes and currencies:.

Stock indexes Most current Daily %change.
MSCI Emerging Markets 1106.09 -0.98

MSCI LatAm 2006.95 -0.03

Brazil Bovespa 99964.43 0.29

Mexico IPC 36218.87 -1.39

Chile IPSA 3729.64 0.35

Argentina MerVal 40342.30 -4.329

Colombia COLCAP 1190.87 -0.42 Currencies Most current Day-to-day %modification.
Brazil real 5.2459 -0.13

Mexico peso 20.8956 0.16

Chile peso 762.6 -0.31

Colombia peso 3713.8 -0.74
Peru sol 3.5218 0.11

Argentina peso 75.3100 -0.08
( interbank).

( Reporting by Susan Mathew in Bengaluru; Editing by Dan.
Grebler).