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EMERGING MARKETS-Latam markets surge as jobs data cement Fed pause hopes - Yahoo Finance

* Colombia c.bank technical team lifts 2023 inflation outlook * Peru's Credicorp sees profit dip on higher loan-loss provisions * Equities set for best week in 2023 * Latam stocks up 3.8%, FX up 1.3% By Johann M Cherian Nov 3 (Reuters) - Stocks and currencies in resources-rich Latin American markets got a boost on Friday as metals prices ticked higher on a weaker dollar and U.S. jobs data bolstered hopes that the U.S. Federal Reserve was done with monetary tightening. Iron ore producer Brazil's real rose 1.2%, while currencies of regional copper producers Chile and Peru gained 1.0% and 0.1% as base metals prices brightened.

Yahoo     Nov 03, 2023