# EMERGING MARKETS-Colombian stocks, peso weigh on Latam assets | Kitco News

> Colombian stocks and the peso extended losses on Monday after the central bank's smaller-than-expected rate hike. Emerging market equities also fell as Adani Group shares slid following a short-seller attack.

- Date: 2023-01-30 · published 2023-01-30T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/38074-emerging-markets-colombian-stocks-peso-weigh-on-latam-assets-kitco-news
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

The move reflects risk sentiment toward emerging markets rather than any change in agricultural supply or demand, so its direct effect on feed prices is limited.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- kitco.com: https://www.kitco.com/news/off-the-wire/2023-01-30/emerging-markets-colombian-stocks-peso-weigh-latam-assets

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