Key Facts
Gold topped the overnight tape, jumping 1.8% to a fresh record above $4,600 an ounce, a signal that global money is still hunting safety even as Wall Street’s fear gauge, the VIX, cools sharply.
Mexico’s inflation batch is the region’s live wire, with mid-month CPI and core readings due at noon local time; economists expect the headline rate to hold near 3%, keeping Banxico’s easing path in focus for the peso.
Brazil’s real carried Friday’s momentum, strengthening just over 1% against the dollar, the best showing among the main Latin American currencies on the verified board.
Chilean producer prices arrive Monday, with the PPI forecast to ease to 19% year-on-year from 19.7%, a reading that will shape expectations for the IPSA, Santiago’s benchmark stock index.
