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Firmer Risk Sentiment Weighs On Greenback, Brazil, Peru Eco Activity Due

LATAM
  • Firmer risk sentiment to start the week is weighing on the greenback with the Bloomberg dollar index lower by roughly 0.3%. Emerging market currency indices are higher, aided by the likes of the South African Rand, which has risen over 1% from Friday’s close. In similar vein, USDMXN has steadily moved lower from the open, to trade at the very familiar 20.00 mark.
  • In LatAm, the BCB focus survey and Brazilian economic activity data are up first. This will be followed by both economic activity and unemployment data for Peru.
  • It is worth noting that China's National Bureau of Statistics has delayed several key data releases due later in October, including Q3 GDP and home prices which had been due out this week. No explanation for the postponements was provided, nor new release dates. It comes after the Customs General Administration delayed the release of trade data on Friday.
  • Empire State Manufacturing Index data headlines the US docket on Monday.

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