Latin American stocks rallied strongly on Friday, after positive US jobs data eased fears about the health of global economy and commodity prices bounced back from their harsh sell-offs during the previous session. The MSCI Latin American index rose 1.4 per cent to 4,437, however it lost 4.3 per cent over the week. Brazil’s benchmark Bovespa index rallied 1.59 per cent to 64,417, helped by the news that inflation growth has slowed last month. The index still clocked up losses of 2.6 per cent over the week. Continue reading »
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Stefan Wagstyl
Josh Noble
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Jonathan Wheatley