* Currencies of Chile, Colombia rise over 1% * Peru's sol rises; GDP contraction not as bas as expected * Brazilian retailer Hering soars 27% on rejecting Arezzo offer * Petrobras raises fuel prices; shares fall By Susan Mathew April 15 (Reuters) - Higher oil and copper prices propelled the currencies of Chile and Colombia more than 1% higher on Thursday, while Brazilian retailer Cia Hering soared after rejecting an unsolicited merger offer. Chile's peso rose 1.4% to a seven-week peak as copper prices hit their highest in more than a month, while an improving demand outlook buoyed oil prices and saw exporter Colombia's peso log its best session in two weeks.
* Televisa soars over 30%, set for best day in two decades * Mexican shares jump 1.6%, peso hits two-month high * Brazil's Senate launches probe into COVID-19 outbreak (Updates prices) By Susan Mathew April 14 (Reuters) - Mexican shares led a rally on Latin American stock exchanges on Wednesday as broadcaster Grupo Televisa surged more than 20% on its plans to merge with U.S. company Univision, creating a Spanish-language challenge to streaming giant Netflix Inc Latin American currencies, meanwhile, followed broader emerging market peers into the black as the dollar slipped on falling U.S. Treasury yields. Federal Reserve Chair Jerome Powell said in remarks at the Economic Club of Washington that it was highly unlikely the U.S. central bank would raise interest rates before the end of 2022.
* Televisa soars over 30%, set for best day ever * Mexican shares jump over 1%, peso hits two-month high * Brazil Senate launches probe into handling of COVID-19 outbreak By Susan Mathew April 14 (Reuters) - Latin American currencies followed broader emerging market peers into the black on Wednesday as the dollar slipped on falling U.S. Treasury yields, while broadcaster Grupo Televisa's surge lifted Mexico's main stock index more than 1%. Brazil's real rose 0.6%, erasing early losses of up to 0.3%. In practice, the inquiry is a political headache for President Jair Bolsonaro, who is already facing record disapproval amid Brazil's worst coronavirus wave.