Latin America Markets Tilting Higher on EU Bailout Decision, Chinese Stimulus Prospects

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The Latin American markets are mostly higher today following a favorable decision in the German courts siding with formation of sovereign debt bailout fund as well as Chinese officials earlier leaving the door open to mew stimulus measures.

Here's where the regional markets stand today:

- Ibovespa up 345 (+0.6%) to 59,767.5.

- IPC (Mexico City) up 272 (+0.68%) to 40,268.

- Santiago Index IPSA down 6.73 (-0.16%) to 4,183.55.

- Merval Buenos Aires up 16.07 (+0.67%) to 2,422.59.

In ADR news, Morgan Stanley has lowered its rating for shares of Banco Bilbao Vizcaya Argentaria SA ( BBVA ) from Overweight to Equal Weight.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: BBVA

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