Southern Copper leads drop on Peru election, as fears grow that the new President will want state control of assets, with the Fast Money team.
The dollar is down again, the euro is twitching, and an election in Peru is casting a shadow — time for your Monday FX Fix.
The turmoil in Peru may not exactly match up to what’s happening in Libya, Japan or some of the other world’s hotspots, but traders are carefully watching political upheaval in the metal-producing South American nation.
Colombia, the fourth largest economy in South America, could see its NYSE listings double in the next year. The NYSE currently has two Colombian listings, totaling a market cap of $97.4 billion — only 7 percent of the NYSE’s Latin American total — and well behind Brazil’s 65 percent and Mexico’s 18 percent stakes.
The Peruvian currency has room to rise if the government would just let it happen, says Bank of America Merrill Lynch's David Beker.
After decades of boom to bust behavior, economies from Mexico to Brazil are looking dynamic, diverse and durable, helped by a wealth of natural resources and a good measure of fiscal discipline.
Thirty years ago on Monday, followers of Abimael Guzmán, a philosophy professor who believed he was “the fourth sword of communism” after Marx, Lenin and Mao, burned ballot boxes in the remote town of Chuschi on the eve of the first democratic elections in 12 years.
So what stocks should you buy? Cramer compiled a list of his 10 favorites, picking the best names doing business in Asia, Latin America and the Middle East. Read on to find out who they are.
South America, which boasts a range of basic resources and agriculture, is showing signs of rebounding from the global recession. But political uncertainty continues to plague the continent.
You’ve heard that global growth could be on the brink of exploding, but which ETFs are best for trading the trend?
The growth in production alone is reason enough to own this stock.
As the second quarter begins, and uncertainty in the U.S. market prevails, investors might want to start looking south for some opportunities. For the first quarter, Latin American indices were amongst the best performers around the globe.
It's the new hot spot for credit-strong financials, Cramer says. Here's the country's best-of-breed bank.
Congressional Democratic leaders say they have forged new trade policy guidelines with the Bush administration that will elevate labor and environmental rights to key components in future free trade agreements.
The South American country is the world's No. 3 copper and zinc producer, a top-two silver producer and No. 5 in gold, and labor unrest in Peru has flared in recent weeks.
The South American country is the world's No. 3 copper and zinc producer, a top-two silver producer and No. 5 in gold.