Colombia’s peso bonds rose the most in three weeks after central bankers signaled they’re concerned about an economic slowdown, fueling speculation they may hold off from raising interest rates in coming months.
The central bank left the benchmark overnight rate at a six-year high of 9.75 percent today and said in a statement after the meeting [...]
Mexico’s peso-denominated bonds were little changed, with the yield on the benchmark security close to a four-month high, on speculation quickening inflation will prompt central bankers to raise lending rates this year.
Yields on benchmark bonds have climbed 0.10 percentage point since Banco de Mexico raised its inflation forecast for this year on April 30, citing [...]
Chile’s peso rose the most in a week on speculation the central bank will keep raising its key lending rate while the Federal Reserve cuts borrowing costs, increasing the appeal of the South American nation’s fixed-income assets.
An increase today in the price of copper, Chile’s biggest export, also helped boost the currency. The 4 percentage-point [...]
Philippine stocks rose for the sixth day, climbing the most in two months, after U.S. productivity and labor data suggested a recession may be averted in the Southeast Asian nation’s biggest market for goods and labor.
Ayala Corp. and Bank of the Philippine Islands, also known as BPI, paced gains among the nation’s biggest companies on [...]
