EMERGING MARKETS-Latam markets gain on dovish signs from the U.S.
April 28, 2016 at 10:17 AM EDT
BRASILIA, April 28 (Reuters) - Latin American currencies and stocks gained on Thursday after weak U.S. growth numbers and a monetary policy statement by the Federal Reserve suggested a smaller likelihood of interest rate hikes in the near future. Disappointing earnings limited gains in Brazilian stocks though. The Bovespa index, close to a nearly one-year high, remained steady as banks and consumer-related companies missed profit expectations in the midst of a deep recession. As the Fed