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Latin American stocks fell on June 25, 2020 as coronavirus cases rose in the region, with the MSCI Latam index down 1.3% and 32% year to date. The Mexican peso slipped 0.3% ahead of an expected 50 basis point rate cut by Banxico.
Regional currency weakness and virus-driven risk-off moves can affect Brazilian and Mexican import costs for feed ingredients and shift export pricing for Latin American grains and meals.
brecorder.comReutersJun 25, 2020Not enough comparable past events yet for a historical read.
After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
