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EMERGING MARKETS-Latam FX falls as U.S. inflation optimism fizzles out - NewsBreak

* Bolsonaro seen as risk factor for Brazil IPO pipeline * SoftBank renews LatAm bet, to launch $3 bln investment fund (Adds comments, bullets, updates prices throughout) By Susan Mathew and Shreyashi Sanyal Sept 14 (Reuters) - Latin American currencies fell on Tuesday after tamer-than-expected U.S. inflation data left questions about the Federal Reserve's next move, with Brazil's real leading declines in the region. The MSCI's index for Latin American currencies fell 0.5%, with Brazil's real down 0.6% against the dollar. While prospects of further interest rate hikes in Brazil lend some support, tensions ahead of elections next year are weighing on the real and companies have cited political upheaval from far-right President Jair Bolsonaro as a new risk factor for initial public offerings. Last week, pro-Bolsonaro marches took place across the country, with the president calling on Supreme Court Justice Alexandre de Moraes to step down and said he would no longer comply with his ruling
Read more on: newsbreak.com