# EMERGING MARKETS-Latam FX muted after mixed signals on trade; Brazil stocks gain

> Latin American currencies were little changed on Thursday as conflicting signals on the US-China trade talks and a diplomatic row over US legislation on Hong Kong kept investors away from riskier assets. The Brazilian real traded flat, while the Peruvian sol and Colombian peso firmed about 0.2% against a slightly weaker dollar. The Mexican peso outperformed regional peers, helped by higher oil prices.

- Date: 2019-11-21 · published 2019-11-21T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/56373-emerging-markets-latam-fx-muted-after-mixed-signals-on-trade-brazil-stocks-gain
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Trade uncertainty that could stretch into 2020 weighs on emerging-market currencies and risk appetite, which affects the cost of imported feed inputs for Latin American buyers. The moves were small, so the near-term price effect on feed ingredients is limited.

## Read by commodity

- USDBRL: neutral
- USDMXN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2023-12-08 | [EMERGING MARKETS-Colombian peso up after inflation data; Latam FX, stocks slip on the week](https://feedsoft.ai/events/32984-emerging-markets-colombian-peso-up-after-inflation-data-latam-fx-stocks-slip-on.md) | -0.1% | -0.6% |
| USDBRL | 2023-09-26 | [EMERGING MARKETS-Brazil's real steady after inflation data, Hungary trims interest rates](https://feedsoft.ai/events/34325-emerging-markets-brazil-s-real-steady-after-inflation-data-hungary-trims.md) | +2.3% | +0.7% |
| USDBRL | 2023-08-30 | [EMERGING MARKETS-Latin American currencies up on weaker dollar; Brazil's real lags on rate-cut speculation](https://feedsoft.ai/events/34788-emerging-markets-latin-american-currencies-up-on-weaker-dollar-brazil-s-real.md) | +2.3% | +4.1% |
| USDBRL | 2020-09-04 | [Brazil's real slips against firmer dollar, Wall St slide hits Latam stocks \| Financial Post](https://feedsoft.ai/events/51311-brazil-s-real-slips-against-firmer-dollar-wall-st-slide-hits-latam-stocks.md) | -0.1% | +7.1% |
| USDBRL | 2021-02-26 | [Brazil intervenes in FX markets to arrest real's fall — Octa](https://feedsoft.ai/events/48851-brazil-intervenes-in-fx-markets-to-arrest-real-s-fall-octa.md) | +1.4% | +2.6% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/emerging-markets-latam-fx-muted-155447999.html

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