EMERGING MARKETS-Brazil's real leads Latin American FX higher as Fed calms rate hike fears [Yahoo! Finance]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: Yahoo! Finance
widens * Latin American stocks up 1.5%, FX adds 1.1% By Bansari Mayur Kamdar May 2 (Reuters) - Currencies and stocks in Latin America climbed on Thursday after less hawkish-than-expected comments from the U.S. Federal Reserve, with Brazil's real rallying past 1% against the dollar and leading regional gains. The MSCI's indexes for Latin American stocks and currencies gained 1.5% and 1.1%, respectively, tracking the global relief rally after the Fed signaled it is still leaning towards eventual reductions in borrowing costs. "Jay Powell didn't sound a loud alarm on inflation," said Thierry Wizman, global FX & rates strategist at Macquarie, in a note. "That helped keep up hope for a rate cut from the Fed this year." The Brazilian real jumped 1.6% against the dollar, outpacing regional peers, while stocks in Latin America's largest economy gained 0.7%. Brazilian manufacturing activity improved in April, a Purchasing Managers' Index (PMI) survey showed, to 55.9 from 53.6 in March. On Wedn
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MCO
Earnings
- 5/3/24 - Beat
MCO
Sec Filings
- 5/9/24 - Form 4
- 5/6/24 - Form 8-K
- 5/2/24 - Form 10-Q
- MCO's page on the SEC website