By The Rio Times | Created at 2026-09-29 07:01:50 | Updated at 2026-09-30 09:00:52
1 day ago
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Today’s Focus
Latin American markets open Tuesday under pressure from a firmer dollar and higher US yields. On Monday the dollar index rose 0.22% and the US 10-year Treasury yield climbed about 8 basis points to 5.244%. Gold fell 3.71% and silver 5.41% from Friday’s close.
Regional currencies all lost ground. The dollar rose 1.74% against the Mexican peso, to 17.99, and 0.71% against the Chilean peso, to 968.37. In Colombia, the peso weakened about 1.5% to 3,362 per US dollar at the local close.
Brazil’s data is the main domestic catalyst today. IGP-M inflation is out at 08:00 BRT and unemployment at 09:00. The Treasury’s August central government result follows at 15:30, with a forecast deficit of R$14.2 billion (about US$2.7 billion). The real ended Monday at 5.2255 per US dollar, with the dollar up 0.86%.
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Colombia’s central bank meets on Wednesday, 30 September, and is expected to hold its policy rate at 12%. Chile’s IPSA fell 1.06% on Monday and Argentina’s Merval 3.28%, while the Argentine peso was steady at 1,525 per US dollar.
The mood is cautious, not panicked. S&P 500 futures were slightly lower early on Tuesday, and Brent crude futures were higher.
What matters today. The dollar and US yields set the tone, while Brazil’s inflation, jobs and fiscal data decide how hard the real is tested.
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| Ibovespa (Brazil) | 182,991 | -0.26% |
| S&P 500 (US) | 7,684 | -0.77% |
| USD/BRL | 5.2255 | +0.86% |
| USD/MXN | 17.9927 | +1.74% |
| USD/CLP | 968.37 | +0.71% |
| USD/COP | 3,362 | +1.5% |
| USD/ARS | 1,525 | +0.02% |
Source: RT live market data, close of Monday 28 September 2026; USD/COP is the Colombian local spot close.
Background: Latin American Markets Open Quietly Before Mexico Rate Decision.
Frequently Asked Questions
Why are Latin American currencies weaker?
The dollar index rose 0.22% on Monday and the US 10-year yield climbed to 5.244%. The dollar gained 1.74% against the Mexican peso, 0.86% against the Brazilian real and 0.71% against the Chilean peso.
What is the main data release for the region today?
Brazil publishes IGP-M inflation at 08:00 BRT, unemployment at 09:00 BRT and the Treasury’s August central government result at 15:30 BRT. The fiscal result is forecast to show a deficit of R$14.2 billion (about US$2.7 billion).
When does Colombia’s central bank decide on rates?
Banco de la República meets on Wednesday, 30 September. It is expected to keep its policy rate at 12%.
Source: RT live market data, close of Monday 28 September 2026.
Live Market IntelligenceLatin America — Cross-Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.Rio Times · Live Market Intelligence
Latin America — Cross-Market Board
Regional
Sep 29, 2026 · 03:44
Ibovespa · benchmark
182,991.13
-0.26%
L 167,142day rangeH 168,310
+21.85% over 12 months
Market breadth · 5 names
0% advancing
0 ▲ advancing5 declining ▼
Currencies, rates & key inputs
Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
182,991.13
-0.26%
S&P/BMV IPCMexico
64,737.82
-0.39%
S&P IPSAChile
11,137.59
-1.06%
S&P MERVALArgentina
2,798,925
-3.28%
MSCI COLCAPColombia
2,579.33
-0.21%
BVL S&P PerúPeru
60,698.35
-0.79%
Full instrument board
| IBOV | 182,991.13 | -0.26% | +21.85% | 183,476.86 | 168,310 | 167,142 | — |
| IPSA | 11,137.59 | -1.06% | — | 11,256.80 | 11,210 | 10,984 | 1,513,213,483 |
| IPC MEX | 64,737.82 | -0.39% | +12.17% | 64,992.23 | 66,121 | 65,405 | 108,886,187 |
| MERVAL | 2,798,925 | -3.28% | +30.51% | 3,022,485 | 3,042,365 | 2,991,150 | — |
| COLCAP | 2,579.33 | -0.21% | — | 9.04 | 9.05 | 9.02 | 4,133 |
| BVL PERÚ | 60,698.35 | -0.79% | — | — | — | — | — |
| USD/BRL | 5.16 | +0.01% | -5.13% | 5.16 | 5.18 | 5.14 | — |
| EUR/BRL | 5.95 | +1.01% | -5.83% | 5.89 | 5.98 | 5.94 | — |
| USD/MXN | 17.06 | -0.24% | -8.58% | 17.10 | 17.08 | 17.01 | — |
| USD/CLP | 913.98 | +0.04% | -5.67% | 913.65 | 915.11 | 906.68 | — |
| USD/COP | 3,140 | +0.03% | -22.04% | 3,139 | 3,141 | 3,105 | — |
| USD/PEN | 3.36 | -0.66% | -4.82% | 3.38 | 3.38 | 3.35 | — |
| USD/ARS | 1,493 | +0.10% | +12.96% | 1,491 | 1,494 | 1,480 | — |
| USD/UYU | 40.27 | +1.24% | +1.80% | 39.77 | 40.27 | 40.23 | — |
| USD/PYG | 5,939 | +1.68% | -19.54% | 5,841 | 5,939 | 5,925 | — |
| USD/BOB | 11.64 | -0.76% | +72.04% | 11.73 | 11.72 | 11.64 | — |
| USD/DOP | 58.34 | +1.25% | -3.44% | 57.62 | 58.34 | 58.04 | — |
| USD/CRC | 445.92 | +0.89% | -9.71% | 441.97 | 448.50 | 445.92 | — |
Largest moves today
MERVAL
2,798,925
-3.28%
USD/PYG
5,939
+1.68%
USD/DOP
58.34
+1.25%
USD/UYU
40.27
+1.24%
IPSA
11,137.59
-1.06%
EUR/BRL
5.95
+1.01%
USD/CRC
445.92
+0.89%
BVL PERÚ
60,698.35
-0.79%
The session read
The Ibovespa eased 0.26%, with breadth negative — 0 of 5 names higher. COLCAP led, while MERVAL lagged.
From The Rio Times
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