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RSS FeedsBrazil, Chilean stocks at 4-month highs on China optimism
(World News Brazil)

 
 

6 july 2020 16:55:05

 
Brazil, Chilean stocks at 4-month highs on China optimism
(World News Brazil)
 


Latin American currencies and stocks strengthened on Monday as strong economic data through last week spurred sustained bets on a swift post-coronavirus recovery. Risk appetite was bolstered by a rally in Chinese equities and the yuan, with the latter touching a 3-1/2 month peak amid improving economic readings in the world’s second-largest economy. Chile’s peso was among the best-performing currencies in the region, as the prices of copper, the country’s largest export, surged on the prospect of improving Chinese demand. Copper prices had also risen on...


 
38 viewsCategory: General > South America > Brazil
 
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