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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
23,048
3224hr
Pakistan Cases
1,008,446
3,75224hr
7.51% positivity
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367,092
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353,238
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29,571
Islamabad
85,780
KPK
141,925

Cuban peso

Latam FX fall on virus worries; Brazil's real down 1%
Markets

Latam FX fall on virus worries; Brazil's real down 1%

  • Manufacturing activity in Brazil hit four-month highs in June, PMIs showed, while Chile's economic activity jumped a better-than-expected 18.1% in May.
  • The real and Chile's peso dropped up to 1% each, with the peso giving up gains of as much as 0.7%. Mexico's peso fell 0.4%.
Updated 01 Jul, 2021 09:24pm
Peru's sol slides as post-election jitters build
Markets

Peru's sol slides as post-election jitters build

  • Brazil's real meanwhile slipped 0.7%. The country's monetary policy committee Copom is due to release its decision after the Fed on Wednesday. A 75 basis-point hike is expected as inflation is well above the central bank's target.
Updated 15 Jun, 2021 08:48pm
Most Latam FX gain; Mexican peso up for 4th straight day
Markets

Most Latam FX gain; Mexican peso up for 4th straight day

  • "Copom will (also) probably signal that another 75 basis point hike is on the cards at the subsequent meeting in August."
  • Rising for a fourth straight session, Mexico's peso was up 0.5%, not far from 2021 highs hit in January.
Published 09 Jun, 2021 08:22pm
Most Latam currencies rise; Colombian peso at 5-week high
Markets

Most Latam currencies rise; Colombian peso at 5-week high

  • The real was up 0.4% and the Bovespa stock index also extended gains to a sixth straight session and hit an all-time high of 128,620.25.
  • "That said, the latest surveys suggest that activity in the industrial sector hasn't picked up to the same extent as other parts of the economy."
Updated 02 Jun, 2021 08:13pm
Robust GDP data takes Brazil's real to 5-month high
Markets

Robust GDP data takes Brazil's real to 5-month high

  • The real touched a five-month high. GDP expanded by 1.2% in the first quarter for the third quarter of growth, taking Latin America's largest economy back to its size at the end of 2019 before the pandemic.
Published 01 Jun, 2021 08:42pm
Latam FX falls against stronger dollar; sol stabilizes after tumble
Markets

Latam FX falls against stronger dollar; sol stabilizes after tumble

  • The dollar rose as investors awaited key US readings this week, which are likely to show an economic recovery gathering steam.
  • Chile's peso fell 0.3%, while Mexico's peso dipped 0.2%. But both currencies are expected to mark strong gains this year, with Chile benefiting from a spike in copper prices, while Mexico is set to benefit from a bounceback in the US economy.
Published 04 May, 2021 08:01pm
Latam FX rise as US inflation data dents dollar
Markets

Latam FX rise as US inflation data dents dollar

  • Brazil's real rose 0.2% while Mexico's peso added 0.3%. Higher copper prices bolstered top producer Chile's peso, which was up 0.5% after two straight days of losses.
  • In Peru, the sol currency and the stock index made slight moves after a day of turbulence when markets were spooked by a socialist surge in presidential elections.
Published 13 Apr, 2021 07:59pm