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Snapshot: COP Outperforms, Campos Neto Will Do Whatever Possible

LATAM
  • Latest comments from BCB Governor Campos Neto:
    • Brazil central bank will do whatever possible to reach inflation goal, but will consider the impact of interest rates on economic activity said the BCB chief in a presentation before lawmakers in Congress.
  • Below gives key levels of LatAm markets in current trade approaching the close where the Colombian peso remains the standout performer in the aftermath of the first-round presidential election:
    • USDMXN up 0.71% at 19.6793
    • USDBRL down 0.08% at 4.7504
    • USDCLP down 0.87% at 822.75
    • USDCOP down 4.08% at 3772.1
    • USDPEN up 1.25% at 3.714
    • BBG Dollar Index up 0.4% at 1226.5
    • JPMorgan EM Ccy Index down 0.23% at 52.728
    • S&P E-Mini Future down 20.25 points (-0.49%) at 4135.5
    • BBG Commodity Index down 2.5285 points (-1.89%) at 131.343
    • WTI Crude Oil (front-month) up $0.38 (0.33%) at $115.43
    • Copper Futures down 2.7 (-0.63%) at 427.95
    • US 10-Yr yield is up 12 bps at 2.85%

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