Brazil's formal job creation slowed to 85,888 net jobs in April, the year's weakest and well below forecasts, as high rates and a cooling economy weighed.

Brazil's Ibovespa fell a fifth day to 173,787 despite a Q1 GDP beat as Argentina hit records and oil logged its worst month since COVID; Focus and ISM are Monday's catalysts.

Chile's economy contracted 1.2% in April, a fourth straight monthly fall, as an 11.8% mining slump on lower copper output dragged activity below forecasts.

Brazil's formal job creation slowed to 85,888 net jobs in April, the year's weakest and well below forecasts, as high rates and a cooling economy weighed.

The National Statistics Institute (INE) reported that Chile's unemployment rate reached 9.1% in the February–April 2026 rolling quarte