IBOV 165,528.92 ▼ 1.42% IPC MEX 70,848.90 ▲ 1.53% MERVAL 2,848,945 — — USD/BRL5.49▲ 0.93% USD/MXN18.85▲ 1.49% USD/CLP980.56▲ 0.29% USD/COP3,242▲ 6.35% USD/PEN3.45▼ 0.51% USD/ARS1,551▲ 0.34% USD/UYU40.19▲ 3.30% USD/PYG5,936▲ 4.80% USD/BOB12.05▲ 2.55% USD/DOP60.50▲ 3.07% USD/CRC449.50▲ 2.16% USD/GTQ7.64▲ 3.23% USD/HNL26.88▲ 3.34% USD/NIO36.62▲ 2.87% USD/VES890.98▲ 0.11% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 2.48% USD/TTD6.69▲ 1.98% EUR/BRL6.17▲ 1.75% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 165,528.92 ▼ 1.42% IPC MEX 70,848.90 ▲ 1.53% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
since 2009
Wednesday, November 4, 2026

Latin America Latin American Pulse

Latin American Pulse for Wednesday, November 4, 2026

· November 4, 2026 · 5 min read

Executive Summary

Latin America on 4 November 2026: Brazil questions Argentina over Bolsonaro's exit, Colombia faces drone attacks, and Cuba loses a power ship.

Brazil
Ibovespa
165,528.92
-1.42%
Chile
IPSA
10,365.73
-0.09%
Mexico
IPC
70,848.90
+1.53%
Argentina
Merval
2,848,945
—
Colombia
COLCAP
2,527.66
+1.47%
Peru
S&P/BVL
—
—
USD/BRL
Spot
5.34
-1.32%
USD/MXN
Spot
18.69
+0.62%
USD/CLP
Spot
983.47
-0.57%
USD/COP
Spot
3,149
+3.06%
USD/PEN
Spot
3.45
+0.17%
USD/ARS
Spot
1,537
-0.28%
Copper
HG
6.65
+2.24%
Brent
Oil
109.58
-5.38%
Soy
CBOT
1,250
+0.70%
Bitcoin
BTC
80,543
+0.67%

Rio Times · Latin America

Key Facts

—Brazil Anxious: Brasília wants Argentina to explain how Senator Flávio Bolsonaro, who lost the 25 October runoff, left the country.

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—Mexico Wary: Sheinbaum keeps strong approval ratings, but security slips as rival gangs contest the country’s busiest port.

—Argentina Jumpy: the government calls the Bolsonaro matter closed while airport staff plan a strike for 6 November.

—Chile Tense: three jailed over the Martín Pérez kidnapping while the right frets over a coming constitutional accusation.

—Colombia Under pressure: drone bombs hit a police station and the UN voted 15 to 0 to narrow its mission.

—Cuba Worn down: the loss of a Turkish power ship deepens the blackouts.

Power Index1. Brazil 75.0 · 2. Mexico 71.4 · 3. Chile 63.6 · 4. Argentina 61.2 · 5. Peru 54.7 · full ranking of 14

Latin America woke on 4 November 2026 watching Washington’s midterm count while its own currencies, risk premiums and security forces gave it plenty to worry about at home.

A round-up of the day across Latin America.
The day across Latin America at a glance.

The Continent’s Mood Today

Latin America spent Tuesday looking north. American voters were renewing all 435 House seats and 35 of 100 Senate seats, and the result will shape trade, tariff and migration policy that touches every capital in the region.

The nerves were practical. Brazil waited for a central bank decision, Argentina fielded questions from its neighbour, and Mexico and Colombia counted the cost of insecurity.

Behind the headlines sits an old memory. Each time Washington changes mood, this region pays first, and it remembers the bill.

Brazil – A Country Waiting Up

Brazil’s government has asked Argentina to explain how Senator Flávio Bolsonaro, who lost the 25 October runoff, left the country through Argentine territory on 27 and 28 October. Argentine prosecutors are reviewing complaints, and Bolsonaro is now in Miami.

The LatAm Brief

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Yesterday’s subject line: “Brazil denies rate-cap plan before Wednesday's vote”

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The money side is tense too. An economist’s call to push interest rates toward 7.5% has split President Lula’s allies, and Finance Minister Dario Durigan says no rate cap is under study, as the central bank decides on rates today.

Live Market IntelligenceLatin America — Cross-Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Latin America — Cross-Market Board

Regional
Nov 4, 2026 · 01:19

Ibovespa · benchmark
165,528.92
-1.42%
L 175,157day rangeH 178,526

+19.56% over 12 months

Market breadth · 3 names
67% advancing

2 ▲ advancing1 declining ▼

Currencies, rates & key inputs
USD / BRL
5.34
-1.32%

USD / MXN
18.69
+0.62%

USD / CLP
983.47
-0.57%

USD / COP
3,149
+3.06%

USD / ARS
1,537
-0.28%

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
165,528.92
-1.42%

S&P/BMV IPCMexico
70,848.90
+1.53%

S&P IPSAChile
10,365.73
-0.09%

S&P MERVALArgentina
2,848,945
—

MSCI COLCAPColombia
2,527.66
+1.47%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
IBOV 165,528.92 -1.42% +19.56% 167,921.80 178,526 175,157 —
IPSA 10,365.73 -0.09% — 10,375.55 10,722 10,633 —
IPC MEX 70,848.90 +1.53% +12.74% 69,779.20 70,008 69,383 49,372,306
MERVAL 2,848,945 — +12.65% 2,859,051 — — —
COLCAP 2,527.66 +1.47% — — — — —
USD/BRL 5.34 -1.32% -0.84% 5.42 5.42 5.30 —
EUR/BRL 5.95 +7.53% -4.87% 5.54 6.04 5.92 —
USD/MXN 18.69 +0.62% +1.45% 18.57 18.69 18.54 —
USD/CLP 983.47 -0.57% +5.64% 989.13 991.87 979.07 —
USD/COP 3,149 +3.06% -18.02% 3,056 3,173 3,111 —
USD/PEN 3.45 +0.17% +3.85% 3.44 3.45 3.44 —
USD/ARS 1,537 -0.28% +3.77% 1,541 1,541 1,537 —
USD/UYU 40.21 +3.57% +2.29% 38.83 40.21 40.08 —
USD/PYG 5,803 +3.78% -16.54% 5,592 5,803 5,735 —
USD/BOB 11.97 +4.93% +77.92% 11.41 11.97 11.82 —
USD/DOP 60.54 +1.83% -4.34% 59.45 61.14 59.85 —
USD/CRC 451.24 +2.13% -7.80% 441.83 451.40 450.04 —
USD/GTQ 7.64 +3.23% +2.18% 7.40 7.64 7.64 —

Largest moves today
EUR/BRL
5.95
+7.53%
USD/BOB
11.97
+4.93%
USD/PYG
5,803
+3.78%
USD/UYU
40.21
+3.57%
USD/GTQ
7.64
+3.23%
USD/COP
3,149
+3.06%
USD/CRC
451.24
+2.13%
USD/DOP
60.54
+1.83%

The session read
The Ibovespa eased 1.42%, with breadth positive — 2 of 3 names higher. IPC MEX led, while IPSA lagged.

Mexico – Approval High, Trust Thin

President Claudia Sheinbaum keeps strong approval ratings, but her security ratings have slipped. A protected activist was killed in Chiapas, and rival gangs are contesting Mexico’s busiest port.

Sport offers some distraction: Mexico’s new national-team coach faces Jamaica on 14 November.

Argentina – Silence and a Strike

Argentina’s government says the matter of Flávio Bolsonaro’s passage is closed. Presidential spokesperson Adrián Ravier called the question of his government’s role irrelevant on 3 November and would not say whether President Javier Milei knew of the trip in advance.

At home, ATE, the state workers’ union, plans a stoppage at 27 airports on Friday, 6 November, two days before Pope Leo XIV arrives for a visit lasting to 11 November.

Chile – Politics Heats Up Before the Count

Chile’s government coalition told La Moneda it cannot guarantee that all its lawmakers will reject a constitutional accusation the left is about to file. Leaders of Chile Vamos asked the minister Alvarado to improve the government’s pitch before the vote.

The bruise is crime. Three men were jailed over the kidnapping of Martín Pérez, and police reported another arrest, which keeps a once-rare crime on the national mind.

Colombia – Peace Talks Under Fire

Drone bombs hit a police station, and police seized 78 bombs near a toll road. The UN Security Council voted 15 to 0 on 30 October to narrow its Colombia mission.

The memory beneath is 2016: a peace deal that promised an end to such scenes.

Cuba – Dark Evenings, Fewer Ships

Cuba lost a Turkish power ship while blackouts continued, removing a stopgap that had kept some lights on. Families who lived through the early 1990s know what a long evening without electricity means.

Havana also fixed its government at 20 ministries, a tidy plan on paper. The harder question is whether any ministry can restore reliable power.

The Shared Mood

From Brasília to Buenos Aires, the feeling on 3 November was of a region holding its breath for someone else’s count. Several governments had questions to answer.

The hope is quieter than the worry. Brazil debates cheaper credit, Chile jails kidnappers, and Colombia says Rio Tinto will invest US$5 billion, so the region is still trying to build before the tide turns.

Frequently Asked Questions

Why is Argentina answering questions about Brazil’s Flávio Bolsonaro?

Brazil asked Buenos Aires to explain how Senator Flávio Bolsonaro, who lost the 25 October runoff, left Brazil via Argentina on 27 and 28 October. Argentina’s spokesperson says the matter is closed.

Why does Argentina’s airport strike on 6 November matter?

ATE, a state workers’ union, plans a stoppage at 27 airports on 6 November, two days before Pope Leo XIV arrives. No cancellations are confirmed yet.

How is Colombia’s security situation affecting investment?

Drone bomb attacks and seizures of explosives continue, yet Colombia says Rio Tinto will invest US$5 billion.

Sources: Banco Central do Brasil, Argentine presidency press conference of 3 November 2026, ATE union announcement of 2 November 2026, and The Rio Times reporting of 2 and 3 November 2026.

Connected Coverage

Brazil Stocks Fall 1.42% as the Real Weakens | Brazil Market Report, Nov 3

Mexico Stocks Rise 0.52% as Peso Weakens | Mexico Market Report, Nov 3

Colombia Stocks Rise 1.32% as Peso Weakens | Colombia Market Report, Nov 3

Argentina Risk Gauge Jumps 3%, Stocks Fall | Argentina Market Report, Nov 3

Chile Stocks Slip 0.09% as Copper Retreats | Chile Market Report, Nov 3

Pope Leo Youth Vigil Tickets Open 9 November

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Brazil denies rate-cap plan before Wednesday's vote”

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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