Emerging Markets-LatAm assets rise on commodities strength; Brazil in focus

Investors were still watching North American trade negotiations after Washington increased pressure on Canada while advancing separate talks with Mexico, testing the trilateral USMCA framework. The Mexican peso was flat, indicating overall caution.

Bolivia's international bond maturing in 2031 rose about 0.2 cents to 102.12 on the dollar after the country's economy minister said it was days away from announcing an agreement with the International Monetary Fund for $2.5 billion to $2.8 billion in financing.

Credit ratings agency S&P Global raised Pakistan's long-term sovereign credit rating to "B" from "B-", citing stronger institutional stability and effective implementation of reforms under an IMF program.

However, the country's hard currency bonds, which had fallen slightly earlier in the day, showed little reaction.