| Depressed Latin American markets took cues from lower commodity prices on June 10. Investors were trading cautiously as losses were seen in commodity and crude-related indexes. The Brazilian BM&F Bovespa SA and the Mexican IPC index fell 3.3% and 1.1%, respectively.
The decline in global crude prices and other essential commodities caused the Colombian COLCAP index to trade 0.97% lower. Colombia highly depends on crude prices, as prices directly affect the country’s export revenues. Among the Latin American indexes, the Argentinian Merval Index fell 1.5% while the Chilean IPSA Select Index was trading 0.54% lower...............................................Full Article: Source
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