EMERGING MARKETS-Latam FX, stocks rally on upbeat trade news, dovish Fed
December 12, 2019 at 15:01 PM EST
Latin American assets firmed on Thursday, with Brazil stocks at a record high as encouraging developments on the U.S.-China trade front, and accommodative stances from major central banks posited a risk-on sentiment that reflected across global markets. MSCI's index of Latam shares rose more than 1% to its highest in five weeks, while its currency counterpart firmed 0.5%. The U.S. Fede