* Wall St banks cut Brazil 2020 GDP growth forecast * Mexican peso touches lowest level in three months * Chilean, Colombian pesos hit by lower commodity prices (Adds comment, updates prices) By Shreyashi Sanyal Feb 27 (Reuters) - Latin American currencies were pressured on Thursday, with Brazil's real touching a record low as a jump in new coronavirus cases outside China heightened fears about an imminent pandemic that could weigh heavily on global growth. Brazil confirmed Latin America's first infection on Wednesday, which saw its stocks bleed 7% and its currency hit all-time lows when markets reopened after a extended weekend. On Thursday, Brazil's real currency fell to a low of 4.5012 to the dollar, while the Bovespa index dropped 0.3%. The real is down more than 10% this year. JP Morgan became the latest Wall Street bank to cut its outlook for Latin America's biggest economy, just after Bank of America Merrill Lynch cut its 2020 economic growth outlook to under 2%. "The past month has brought further evidence that Brazil's economy slowed towards the end of last year," said William Jackson, chief emerging markets economist at Capital Economics in London. Governments around the world ramped up measures to protect people against the coronavirus as the number of new infections outside China for the first time surpassed new cases in the country, where the outbreak began. The virus has infected more than 80,000 people and killed nearly 2,800. Commodity prices have also taken a beating because of the outbreak as a significant portion of global demand stems from China. Falling copper and oil prices hurt the Chilean and the Colombian pesos respectively. "The region has limited direct economic ties with the countries suffering outbreaks and only reported its first case late this month but is vulnerable to the recent falls in commodity prices," said Jackson. Chilean stocks slid to a three-year low, last down 0.8%. Mexico's peso slumped to its lowest in three months, down 0.6% at 19.38 to the dollar. The peso is on track for its sixth straight session of losses, which would be its longest losing streak since September 2016. If losses hold, it will have lost about 4% over the six sessions. Mexico's central bank on Wednesday cut its 2020 economic growth forecast and hiked its inflation view, saying projections were shrouded in uncertainty because it was unclear how the spread of the coronavirus would dent global growth. Much remains unknown about the virus, which originated late last year, apparently in a market selling wildlife in the city of Wuhan in China. As the virus spread, increasing worries have wiped about $3.6 trillion dollars from the MSCI's world index . Latin American stock indexes and currencies at 1425 GMT: Stock indexes Latest Daily % change MSCI Emerging Markets 1034.27 -0.87 MSCI LatAm 2464.56 -2.6 Brazil Bovespa 104965.59 -0.71 Mexico IPC 41924.37 -1.9 Chile IPSA 4262.04 -0.83 Argentina MerVal 35831.87 -1.621 Colombia COLCAP 1576.86 -0.81 Currencies Latest Daily % change Brazil real 4.4711 -0.62 Mexico peso 19.3820 -0.52 Chile peso 814.7 -0.56 Colombia peso 3498.5 -1.24 Peru sol 3.433 -0.70 Argentina peso 62.1375 -0.08 (interbank) (Reporting by Susan Mathew in Bengaluru; editing by Grant McCool)
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