LatAm Pre-Open — Monday, August 24, 2026
Latam pre-open: gold's surge and a mixed Asia tape set the tone. Brazil's real firmed, Mexico CPI looms, and regional flows stay selective. The post LatAm Pre-Open — Monday, August 24, 2026 appeared first on The Rio Times .
Monday, August 24, 2026 dawned with Latin America opening amid a split global mood. Asia's Nikkei slipped about a third of a percent, while Hong Kong's Hang Seng climbed more than 1%, indicating no single global conviction. In Latin America, the pulse was clearer. Gold surged 1.8% to above $4,600 an ounce, lifting the Brazilian real and capping Mexico's peso despite rising inflation data.
Mexico's mid-month CPI and core inflation readings at noon were the main regional catalysts. A tame print would support the peso and Mexico City's Mexbol index, while a hot number could alter expectations on the central bank's easing pace. Brazil entered Monday on three consecutive days of gains with the real near its strongest in weeks.
The BCB's Focus survey would give foreign funds fresh anchor for Selic expectations before more capital commitments. The key factors for the day were Mexico's inflation print and the US consumer confidence number, with gold's bid underpinning currencies.
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