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Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
widens * Latin American stocks up 2%, FX adds 1.2% (Updated at 1916 GMT) By Bansari Mayur Kamdar and Johann M Cherian May 2 (Reuters) - Currencies and stocks in Latin America climbed on Thursday led by Brazil's real after less hawkish-than-expected comments from the U.S. Federal Reserve, while investors assessed a surprise interest rate cut by Argentina's central bank. The MSCI's indexes for Latin American stocks and currencies gained 2% and 1.2%, respectively, tracking the global relief rally after Chair Jerome Powell signaled the Fed is still leaning towards eventual reductions in borrowing costs. "It's clear from his press conference that Powell is still itching to cut rates and will do so at the first opportunity," said Win Thin, global head of markets strategy at BBH Markets. The Brazilian real jumped 1.6% against the dollar, outpacing regional peers, while stocks in Latin America's largest economy gained 1.2%. Brazilian manufacturing activity improved in April, a Purchasing Mana Show less Read more
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