# Latam stocks, currencies ease as commodities slump

> Latin American stocks and currencies fell on Tuesday as oil and industrial metals prices dropped on doubts that OPEC members would reach a deal to cut output. The Colombian peso closed 0.32 percent lower and the Mexican peso finished flat, while the Chilean peso edged up.

- Date: 2016-11-30 · published 2016-11-30T12:00:00.000Z
- Category: market · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/74114-latam-stocks-currencies-ease-as-commodities-slump
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Lower crude prices weaken energy-linked currencies and reduce the cost of diesel and freight, but the move is largely routine market commentary with no new supply or demand shift for feed.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- USDCOP: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/emerging-markets-latam-idUSL1N1DU24N/?feedName=usDollarRpt&feedType=RSS

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