Political uncertainty and inflation concerns loom, leading to a decline in Latin American assets this week

The MSCI index tracking Latin American stock markets fell by 2.66%, reaching what is expected to be the lowest level in over a month; meanwhile, the corresponding currency index dropped by 1.44%, set to mark the largest single-day decline in more than two months. Overall, the Latin American stock index is expected to fall by nearly 6% this week, while the currency index is forecast to drop 2.2% this week.