EMERGING MARKETS-Latam shares subdued, FX mixed; Argentina faces Moody's heat
Published on: Monday 15 July 2019
July 15- Latin American markets had a tepid start on Monday with Brazilian assets subdued as economic worries eclipsed optimism from pensions reform hopes, while currencies in the region were mixed with Argentina's peso dropping on a Moody's outlook cut. Economists cut their 2020 growth forecasts for Latin America's largest economy to a new low, despite...