# Latam stocks advance, weak copper prices drag currencies of Chile, Peru - Markets - Business Recorder

> Most Latin American stocks rose on Friday as softer US inflation data boosted sentiment toward riskier assets. Chile's peso fell about 1% and Peru's sol weakened to 3.7809 per dollar as copper prices dropped.

- Date: 2024-01-28 · published 2024-01-28T12:00:00.000Z
- Category: macro · region Latam · magnitude low
- Page: https://feedsoft.ai/events/32415-latam-stocks-advance-weak-copper-prices-drag-currencies-of-chile-peru-markets
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Weaker copper and currencies in Chile and Peru are mainly a macro and FX story for the region, with little direct effect on feed commodity supply or prices.

## Read by commodity

- USDPEN: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40286145

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.