|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||113,172.02 - 117,866.14|
|52 Week Range||93,387.00 - 131,190.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
* EMFX sentiment seen improving * Copper, iron ore prices surge on Chinese demand hopes * Mexican peso muted on oil supply hit By Ambar Warrick Aug 24 (Reuters) - A rally in commodity prices boosted Latin American currencies in early trade on Tuesday, although uncertainty over U.S. monetary policy and the spread of the coronavirus capped any large gains. Brazil's real led the charge, rising 1.1% after sinking to a more than three-month low last week. Gains in the prices of iron ore and sugar, which are major exports of the country, supported the currency.
(Bloomberg) -- One of Brazil’s largest independent hedge-fund managers is looking to profit off of the most hawkish central bank in Latin America. Legacy Capital Gestora de Recursos Ltda. has added to local fixed-income and private-credit bets that would benefit from higher interest rates, while trimming exposure to Brazilian stocks, according to Gustavo Pessoa, a portfolio manager and one of the firm’s founding partners. Earlier this month, Brazil’s central bank delivered its most aggressive hi
Mexico's daily COVID-19 cases hit record highs on Wednesday of nearly 29,000, as the country battles a new wave of the pandemic. The United States on Friday extended the closure of its land borders with Canada and Mexico to nonessential travel such as tourism through Sept. 21 and airline officials say it will be at least weeks and potentially months before restrictions are lifted. "Falling commodity momentum remains a headwind, and we stay in relative value territory in Latam FX going into the final stretch of the tapering discussion," said Citi strategists, referring to the U.S. Federal Reserve's hint that it may start tapering stimulus this year.