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Stock impact report

EMERGING MARKETS-Brazil markets dip, Mexican rate swap yields rise [Reuters]

Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV) 
Last ambev s.a. american depositary shares (each representing 1 common share) earnings: 2/28 04:00 pm Check Earnings Report
Company Research Source: Reuters
EMERGING MARKETS-Brazil markets dip, Mexican rate swap yields rise (Recasts with Mexican yields) MEXICO CITY, July 6 Yields on Mexican interestrate swaps rose on Thursday after minutes from thecentral bank's last meeting suggested it may not be finishedhiking interest rates and could copy any further hikes by theU.S. Federal Reserve. After Mexico's central bank raised its benchmark interestrate last month for the seventh consecutive time, to a more thaneight-year high, the market has tilted toward bets that it is done hiking. Investors have begun to price in rate cuts as soon as nextMay, but the minutes did not provide any clear sign thatpolicymakers were thinking about when they could begin to reduceborrowing costs. Meanwhile, Brazil's stocks and currency slipped on lingeringconcerns over a political crisis, but shares of power utilitiesrallied due to a planned regulatory overhaul of the sector. Demand for Brazilian assets has fizzled in recent months astraders fear a corruption sca Show less Read more
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