EMERGING MARKETS-Latam assets extend Nov. rally; Brazil's real steady after central banker's comments [Yahoo! Finance]
Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares (PBR.A)
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Source: Yahoo! Finance
inflows since 2016 * Brazil set to maintain current rate cut pace - central bank director * Latam stocks up 0.2%, FX up 0.5% By Johann M Cherian Dec 1 (Reuters) - Most Latin American stocks and currencies rose on Friday, extending November's rally, while Brazil's real was steady following remarks by a local policymaker on the outlook for monetary policy. MSCI's index tracking Latin American equities edged 0.2% higher, after notching its best month since 2020 in November on hopes that U.S. interest rates have peaked. A basket of regional currencies strengthened by 0.5% by 1507 GMT. More broadly in emerging markets, Bank of America analysts said that fixed income assets saw outflows of $59 million, in its 18th straight week, while stocks saw outflows of $1.2 billion, its eighth straight week of losses. Meanwhile, the real reversed earlier losses and inched up 0.1% after Brazilian central bank director Diogo Guillen said the regulator has emphasized that its current pace of 50-basis-poin
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