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MARKETS A.LATINA-Currencies operate higher after US data and Fed minutes

By Maria Cervantes

LIMA, Apr 8 (Reuters) – Most Latin American currencies were trading mid-day gains on Thursday, amid global market optimism and the search for risky assets following the release of Federal Reserve minutes from USA.

* The dollar fell to a two-week low against a basket of leading currencies, in line with a decline in the yield on Treasuries, following data showing an unexpected increase in applications for unemployment benefits in the United States.

* The labor data came after the minutes of the Fed’s March meeting were released the day before, showing that its authorities remained cautious about the risks of the pandemic – even as the US recovery is gaining momentum. for the abundant stimuli – and they pledged to continue providing support with monetary policy.

* The Mexican peso appreciated after the publication of local inflation data, which accelerated to its highest level in more than two years and strengthened the expectation that the central bank will no longer cut its benchmark interest rate.

* The Mexican peso gained 0.6%, while the benchmark S & P / BMV IPC stock index rose 0.44%.

* In Brazil, the real climbed 1.29% and the Bovespa equity index advanced 0.64%.

* In Argentina, the peso slightly depreciated 0.05% to 92.39 units per dollar, under the control of the central bank. The S&P Merval index lost 0.2%, before selective profit-taking in a session without strength and with reduced operations.

* The Colombian peso strengthened half a percentage point to 3,635.75 units per dollar, while on the stock market the COLCAP stock index fell 0.29% to 1,332.02 points.

* The Chilean peso rose 0.73%, to 708.00 / 708.30 units per dollar, driven by a decline in the US currency in global markets and a rebound in the price of copper, the country’s largest export . * Likewise, the IPSA benchmark on the Santiago Stock Exchange gained 0.1%, at 4,863.89 points.

* The Peruvian sol appreciated -for the fifth consecutive day- by 0.42%, at 3,591 / 3,594 units. Meanwhile, the benchmark index of the Lima Stock Exchange added 0.97%, to 573.74 points.

Quotes at 1642 GMT

Stock indices Quotation Var pct Var pct

daily in the year

MSCI Emerging Markets

1.338,76 3,64


MSCI Latin America

2.357,93 -3,83


Bovespa Brasil

118.345,61 -0,5643


CPI Mexico

48.215,19 9,41


Argentina MerVal

50.013,54 65,01


COLCAP Colombia

1.332,54 -8,15


IPSA Chile

4.867,48 -4,65


Selective Peru

575,55 12,34


Dollar versus currencies Quote Var pct Var pct

monthly in the year

Brazilian real

5,5494 -6,43


Mexican peso

20,0817 -0,88


Chilean peso

705,0 0,64


Colombian peso

3.635,86 -5,80


Peruvian sun

3,5950 +0,62


Argentine peso

92,38 -9,24


(With contribution from María Cervantes and Marco Aquino in Lima, Froilán Romero in Santiago, Nelson Bocanegra in Bogotá and Walter Bianchi in Buenos Aires. Edited by Marion Giraldo)

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