{"id":43957,"date":"2026-04-02T03:54:54","date_gmt":"2026-04-02T03:54:54","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/43957\/"},"modified":"2026-04-02T03:54:54","modified_gmt":"2026-04-02T03:54:54","slug":"geoff-yu-of-bnybny-says-latin-america-appears-most-resilient-currencies-overheld-equities-see-inflows-amid-risk-off","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/43957\/","title":{"rendered":"Geoff Yu of BNYBNY says Latin America appears most resilient; currencies overheld, equities see inflows amid risk-off"},"content":{"rendered":"BNY data describe Latin America as resilient across asset classes. Regional currencies are described as overheld, and regional equities are reported to have attracted net inflows despite wider risk-off conditions.\n\nThe data also state LatAm was the best-performing equity region. It is reported as the only regional aggregate to record net inflows while starting from an overheld position.\n\n<h3>Brazil And Peru Split<\/h3>\nWithin the region, Brazil and Peru are presented as following different patterns. Brazil is described as more diversified, supported by food and energy exports and one of the highest nominal interest rate levels in emerging markets.\n\nPeru is described as more concentrated, with the currency and equity market closely tied to silver prices. Both markets are said to have been bought over the year, but their year-to-date flow trends are described as almost completely opposite.\n\nThe report links Peru more to risk-on theme positioning and volatile real assets. It also notes Peruvian equities are now outperforming Brazil for the first time since the conflict began, alongside stronger risk preference than broader markets.\n\nLatin America continues to stand out, drawing in money when other markets are struggling. We see a clear split within the region, creating a strategy for traders in the coming weeks. Brazil acts as a stable hedge, while Peru offers a more aggressive, risk-on play.\n\n<h3>Trading Implications Going Forward<\/h3>\nBrazil\u2019s appeal comes from its diversification and high interest rates, giving it a safe-haven feel in the region. The central bank&#8217;s decision to hold the Selic rate at 9.75% last week provides a strong buffer for the currency, attracting carry traders. This makes options on the Bovespa index or the EWZ ETF attractive for those seeking stable, yield-driven exposure amid global uncertainty.\n\nPeru, on the other hand, is almost a pure bet on silver and a willingness to take on risk. We\u2019ve seen silver prices surge over 8% in the last month to break above $32 an ounce, driving the EPU ETF up by 12% since early March. Traders feeling bullish on industrial metals and global growth should consider call options on Peruvian equities to capitalize on this momentum.\n\nLooking back at the market recovery throughout 2025, we saw this divergence begin to take shape. Brazil\u2019s steady performance provided a foundation, but Peru&#8217;s assets began to outperform as investors grew more confident. This shift suggests that for now, the market prefers concentrated, high-beta assets in regions insulated from global turmoil.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>BNY data show resilient LatAm: best equity performer, net inflows; Brazil diversified; Peru silver-linked, risk-on.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-43957","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/43957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=43957"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/43957\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=43957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=43957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=43957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}