EMERGING MARKETS-Latam currencies edge higher with focus on U.S. stimulus plan

Japanese chipmaker Kioxia abandons IPO plan as China-U.S. Tensions rise: Nikkei Business

* Brazil’s serious sales opportunities gains amid Latam Fx
* Mexican peso eyes initial weekly achieve this year
* Goldman Sachs ups MSCI EM fairness index concentrate on
* Brazil to start out COVID-19 vaccinations on Jan. 21 -senator

By Shreyashi Sanyal
Jan 14 (Reuters) – Latin American currencies edged better on
Thursday, with investors focusing on U.S. President-elect Joe
Biden’s fiscal stimulus approach as hopes grew for a even larger bundle.
World wide markets shrugged off U.S. President Donald Trump’s
2nd impeachment demo and chose rather to search at Biden’s
stimulus proposal which could exceed $1.5 trillion.
“Investors are eagerly waiting for President-elect Joe Biden
to provide additional details on his prepared financial stimulus
offer,” said Milan Cutkovic, market place analyst at Axi.
“The prospect of another multi-trillion support bill and the
Biden administration’s promise to just take fast motion has kept
investor sentiment upbeat.”
Brazil’s authentic rose .6% in opposition to the dollar,
the most…
Read Full Story

News Highlights

  • According to the source EMERGING MARKETS-Latam currencies edge higher with focus on U.S. stimulus plan
  • Check all news and articles from the Money news information updates about currencies.
Bollyinside - US Local News & Breaking News Stories
Compare items
  • Total (0)
Compare
0