LatAm Pre-Open — Wednesday, August 12, 2026
Brazil's Ibovespa extends its losing streak to six, Argentina's Merval dives hard, and Colombia defies the tide ahead of a critical US PPI print. The post LatAm Pre-Open — Wednesday, August 12, 2026 appeared first on The Rio Times .
On Tuesday, Latin America experienced a deepening risk-off wave, with Argentina's Merval index and Brazil's Ibovespa both recording significant losses. The sole exception was Colombia's COLCAP, which saw a strong performance. The US dollar index remained steady overnight, but the Brazilian real weakened against the dollar, signaling ongoing pressure from domestic inflation despite a Selic rate cut.
The broader liquidation of equity exposure, rather than profit-taking, was evident in the market. Asian equities and US index futures dipped as Japan's producer prices for July came in hotter than expected, increasing global bond yields. The cautious market mood is expected to persist until the release of US core producer price index data and weekly jobless claims on Wednesday.
Brazil's blue chips saw heavy selling, with the Brazilian real weakening past 5.16 against the dollar, indicating a local vote of no confidence in Brazilian assets.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
