Brazil’s Credit Rating Cut to BBB- by S&P on Sluggish Growth

Brazil’s credit rating was cut by Standard & Poor’s, which said sluggish economic growth and an expansionary fiscal policy are fueling an increase in the country’s debt levels.

Colombia Rating Boosted by Fitch on Debt Load, Growth Outlook

Colombia’s credit rating was increased one step to the second-lowest investment grade by Fitch Ratings, which cited the country’s manageable debt load, policy stability and growth outlook.

Argentina Settles $677 Million Arbitration Cases With Bonds

Argentina agreed to compensate five companies that won rulings over investment disputes as the nation looks for the World Bank to approve $3 billion in loans, sparking the biggest bond rally in emerging markets.

Mexico’s Peso Surges as Fed Stimulus Bolsters Bonds and Stocks

Mexico’s peso surged to a one-month high as the Federal Reserve refrained from paring the $85 billion pace of monthly bond buying, a stimulus program that’s fueled demand for the Latin American nation’s securities.

Mexico Peso Gains as U.S. Economic Reports Boost Export Outlook

Mexico’s peso rose for a third day as data showing the U.S. economy is improving boosted the outlook for the Latin American nation’s biggest export market.