Latin American stocks and currencies rose on Wednesday as upbeat Chinese data bolstered risk sentiment, with the Chilean peso leading gains after better-than-expected economic growth in Chile in January. China's manufacturing activity expanded at the fastest pace in more than a decade in February, according to official data, cheering equity markets hammered in February by concerns about the U.S. Federal Reserve's monetary tightening lasting much longer than expected. MSCI's index for Latin American stocks rose 0.5% by 1915 GMT, after ending February with the biggest monthly loss in nearly eight months.
https://www.yahoo.com/lifestyle/emerging-markets-chiles-peso-leads-195405431.html
No comments:
Post a Comment