EMERGING MARKETS-Latam stocks weaken as risk rally pauses
June 04, 2020 at 10:37 AM EDT
Latin American stocks fell on Thursday and Mexico's peso eased off 12-week highs as a recent rally in risk assets on hopes of an economic recovery lost steam. MSCI's index of Latam stocks broke a three-day winning streak, with Brazil's Bovespa Mexico's IPC index both giving up about half a percent. But "the rally could have another leg higher, especially as the dollar looks to be on a downward trajectory, which may be a sign that investors are g