EMERGING MARKETS-Mexico peso, stock index down ahead of U.S. payrolls report

jueves 6 de octubre de 2016 19:02 GYT

(Updates lead, adds new table)
    By Bruno Federowski
    SAO PAULO, Oct 6 (Reuters) - Mexico's currency and stocks
fell on Thursday as traders bet that a closely watched U.S.
employment report due on Friday will strengthen the case for an
interest rate increase this year.
    Strong U.S. economic data has boosted expectations that the
U.S. Federal Reserve will soon act on rates, denting demand for
higher-yielding emerging market currencies.
    A report showed on Thursday that the number of Americans
filing new claims for unemployment benefits unexpectedly fell
last week to near a 43-year low. 
    That reading came a day before the government's September
employment figures, a strong indicator of U.S. labor market
strength. Economists polled by Reuters estimate a 175,000
increase in non-farm payrolls.
    Mexico's IPC stock index fell 0.41 percent to
47,944.77 points and its peso weakened 0.1 percent to
close at 19.235 per dollar. Brazil's real made small
gains due to an upcoming vote on a constitutional amendment that
would cap public spending in line with inflation for 20 years.
The real closed at 3.22 per greenback.
    Analysts with political risk consultancy Eurasia Group said
they expect Congress to swiftly approve the amendment, which
traders see as crucial to regaining investor trust in Brazil.
    The proposal "contains only modest concessions to lawmakers
focused on preserving social spending," they wrote in a report.
    Key Latin American stock indexes and currencies at 2100 GMT:
 Stock indexes                        daily %      YTD %
                         Latest        change     change
 MSCI Emerging              917.04       0.19      15.48
 MSCI LatAm                2443.86       0.24      33.56
 Brazil Bovespa           60644.24       0.65      39.89
 Mexico IPC               47944.77      -0.41      11.56
 Chile IPSA                4077.28      -0.19      10.79
 Chile IGPA               20325.56      -0.14      11.98
 Argentina MerVal         17143.32       0.42      46.84
 Colombia IGBC             9921.52        0.2      16.08
 Venezuela IBC            13335.23      -1.46      -8.59
 Currencies                           daily %      YTD %
                                       change     change
 Brazil real                3.2268      -0.16      22.32
 Mexico peso               19.2350       0.00     -10.42
 Chile peso                  666.7      -0.28       6.45
 Colombia peso              2905.4       0.00       9.08
 Peru sol                    3.408      -0.21       0.18
 Argentina peso            15.2050      -0.07     -14.62
 Argentina peso              15.52       0.52      -8.05
 (Reporting by Bruno Federowski; Editing by Steve Orlofsky and
Will Dunham)