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LatAm currencies getting hit.......>

EMERGING MARKETS
EMERGING MARKETS: LatAm currencies getting hit particularly hard as the various
markets open. BRL clearly unimpressed with the BCB's decision to up their FX
swaps auction by $1bln, which is followed by USD/BRL gapping sharply higher and
above 5.00 for the first time on record.
- MXN similarly weak, with USD/MXN testing the 23.00 mark to the upside for the
first time on record, with the Trump-election inspired dive in 2016 topped
convincingly on the latest move.

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