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Stock impact report

EMERGING MARKETS-Mexican, Chilean pesos lag Latam FX on economic growth worries [Reuters]

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: Reuters
* Argentina central bank hikes interest rates by 300 bps (Updates prices, adds market strategist's comment) By Shreyashi Sanyal and Bansari Mayur Kamdar June 16 (Reuters) - Currencies in both Mexico and Chile trimmed some early losses on Thursday, but still lagged peers in Latin America on worries about economic growth, taking cues from a global rout sparked by aggressive monetary tightening to tame sky-high inflation. The U.S. Federal Reserve raised rates by 75 basis points on Wednesday followed by two other spates of policy tightening in Britain and Switzerland on Thursday, rekindling investor fears that aggressive actions could drag economies into recession. The Mexican peso slid 0.6%, while stocks in the region slipped 1.5%. Mexico's central bank chief said the country's financial system is resilient but warned of risks due to remaining effects of the COVID-19 pandemic, repercussions from Russia's invasion of Ukraine and global inflationary press Show less Read more
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