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RSS FeedsBrazil, Chile stocks hit 4-month highs on China recovery hopes
(World News Brazil)

 
 

6 july 2020 23:33:28

 
Brazil, Chile stocks hit 4-month highs on China recovery hopes
(World News Brazil)
 


Most 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 concerns over disruptions to Chilean supply from the COVID-19...


 
26 viewsCategory: General > South America > Brazil
 
EMERGING MARKETS-Brazil, Chile stocks hit 4-month highs on China recovery hopes
(World News Brazil)
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