* U.S.-China commerce deal "doubtlessly very shut" - Trump * Latam FX drops towards a robust greenback * Commerce deal hopes bolster sh
* U.S.-China commerce deal "doubtlessly very shut" - Trump
* Latam FX drops towards a robust greenback
* Commerce deal hopes bolster shares
(Updates costs; provides quote, information objects)
By Medha Singh
Nov 22 (Reuters) - Latin American shares superior on Friday
as constructive feedback from Washington and Beijing eased investor
issues on the finish of every week mired by conflicting headlines on
a commerce deal.
U.S. President Donald Trump mentioned a commerce take care of China is
"doubtlessly very shut", including to earlier optimism after
Beijing had mentioned it wished to work out an preliminary settlement with
Washington.
MSCI's index of Latin American shares rose
0.6%, set to wrap up every week marked by conflicting messages
encompass a commerce deal, marginally larger. Solely Chilean shares
shed 0.7%.
Nonetheless, currencies within the area reversed early positive aspects to
transfer decrease because the greenback strengthened after information confirmed
U.S. manufacturing unit and companies exercise quickened in November.
Brazil's actual edged larger as the federal government of the
greatest financial system in Latin America raised its estimate of how a lot
income it can take on this 12 months, and lowered its spending
forecast, a sign it was able to sort out the nation's
excessive fiscal deficit.
"Brazil's forex additionally had a foul week, however we doubt that
this can stop policymakers from reducing their key fee...