The Chilean stocks started the first trading day of the week in the red, continuing the overall bearish trend over multiple weeks. The market could face pressures after PPI figures were higher than expected... sliding copper prices could weigh on the market as well. While the market remains near its all-time high, it could be exposed to price corrections.
Mexican stocks began the week in the green before retreating with some volatility. The market faced some pressure with the release of higher-than-expected mid-month core inflation data and changes in commodity prices. Consumer prices rose 4.78% in the first two weeks of the month from a year earlier, indicating persistent inflationary pressures.
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