ILF•| Stock Indexes | Latest | Daily % change |
| MSCI Emerging Markets .MSCIEF | 1736 | 1.47 |
| MSCI LatAm .MILA00000PUS | 3110.11 | 0.95 |
| Brazil Bovespa .BVSP | 186366.19 | 0.61 |
| Mexico IPC .MXX | 63195.66 | -0.28 |
| Chile IPSA .SPIPSA | 1633.37 | -0.04 |
| Argentina MerVal .MERV | 3000809.91 | -0.68 |
| Colombia COLCAP .COLCAP | 2549.85 | 0.06 |
| Currencies | Latest |
| Daily % change |
| Brazil real BRL= | 5.1076 | 0.64 |
| Mexico peso MXN= | 17.2138 | 0.04 |
| Chile peso CLP= | 951.96 | 0.73 |
| Colombia peso COP= | 3190.17 | -0.29 |
| Peru sol PEN= | 3.3518 | 0.66 |
| Argentina peso (interbank) ARS=RASL | 1,515.0 | 0.00 |
| Argentina peso (parallel) ARSB= | 1,530.0 | 1.29 |
The Mexican peso MXN= was flat. The central bank of Mexico is widely expected to hold rates unchanged on Thursday, a week after Brazil's central bank delivered a 25 basis points rate cut.
Equities in Mexico .MXX slipped 0.28%.
MSCI's index tracking the region's equities .MILA00000PUS rose 0.95%, while its currency equivalent .MILA00000CUS also gained 0.8%.
In Brazil, a BTG Pactual/Nexus poll showed on Monday that President Luiz Inacio Lula da Silva and right wing Senator Flavio Bolsonaro remain tied, with the leftist incumbent holding a narrow lead within the survey's margin of error.
The real BRL= edged 0.64% higher, while the Brazilian benchmark index .BVSP rose 0.61%.
Though the sentiment for the region's equities have improved in September, investor remain cautious about adding to their position ahead of the elections. A Latin America fund manager survey by Bank of America Global Research showed that while more than 70% of participants see the benchmark at 180,000 points or more than that, only one-third of participants said that they would be willing to add to equities at current levels.
"The next president will choose the direction of economic policy, but Congress and fiscal arithmetic will determine how far that agenda can travel," said BofA Global Research economists in a note.
Brazil's September mid-month inflation figures are expected later in the week. The central bank of Brazil delivered a 25 basis points rate cut last week, with private-sector economists polled weekly by the bank expecting additional quarter point rate cut at the end of 2026.
Latin American equities were mixed on Monday, while currencies were flat to higher against the dollar as investors weighed hopes of diplomatic progress in the US-Iran conflict, and looked ahead to inflation data later this week from Brazil and Mexico, the region's largest economies.
The recovery in currencies comes after a difficult week for regional markets as a stronger dollar following the US Federal Reserve's rate hike, political uncertainty in Brazil ahead of next month's elections, and concerns over Colombia's public finances weighed on investor sentiment.
Investors were looking ahead to the UN General Assembly starting Tuesday in New York. US President Donald Trump said he was open to meeting Iranian President Masoud Pezeshkian on the sidelines of the meeting, rekindling hopes that the US and Iran could return to the negotiating table.
Oil prices slipped 2.5% to their lowest in 11 days, as traders also eyed a partial recovery in shipments from Saudi Arabia. O/R
