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KM Financial Solutions | EMERGING MARKETS-China stimulus, positive corporate news push up LatAm equities
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EMERGING MARKETS-China stimulus, positive corporate news push up LatAm equities

23 Jul EMERGING MARKETS-China stimulus, positive corporate news push up LatAm equities

Posted at 14:52h in News by
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Latin American equities rose
across the board on Tuesday after China announced dramatic
stimulus measures, with Brazil’s benchmark Bovespa index leading
gains boosted by positive corporate news as well.
On Monday, China announced it would pursue a more vigorous
fiscal policy to tackle external uncertainties, a shift that
means significant tax cuts in multiple industries.
That sent stocks in both emerging and developed markets up,
with the S&P 500 rising

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