EMERGING MARKETS-Latam stocks, FX slide as U.S-China trade worries ratchet up
May 23, 2019 at 16:11 PM EDT
Latin American stocks and currencies slumped on Thursday, in line with a global downturn in sentiment on fears that the U.S-China trade war was escalating into a tech-focused cold war and stemming growth prospects. MSCI's index of Latin American shares slipped 1.2% at 1943 GMT after three straight days of gains, while its index of regional currencies fell 0.6% with most currencies declining between 0.1% and 1.25%. U.S-China tra