Latin American currencies were mostly higher on Tuesday as confirmation that planned trade talks between the United States and China were on schedule bolstered support for emerging markets, but Brazil's real underperformed its regional peers. Mexico's peso and Colombia's peso led currencies in the region higher, up 0.2% each but Brazil's real shed 0.3% against the dollar.

The Bovespa fell 0.4% dragged down by shares of financial companies, while Embraer fell 1.6% after workers at the Brazilian planemaker's San Jose plant started a strike that entirely halted production. Mexican stocks slid marginally, while the peso rose 0.2%. Data showed consumer price inflation slowed in the first half of September to its lowest level in three years, increasing the possibility of rate cut. Chile's peso flit between negative and positive territory even as prices of copper, the country's top export, ticked up.

Copyright Reuters, 2019