Brazil currency trims losses after initial shock from capital riots

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Brazil currency trims losses after initial shock from capital riots
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Brazil's currency fell on Monday but was off its session low after supporters of former President Jair Bolsonaro stormed the capital, while Chile's peso hit seven-month highs, driven by a leap in copper prices.

expect the unrest and its impact on markets to be short-lived as authorities try to contain the protests, with the focus soon turning back macroeconomic indicators.

While most other Latin American currencies also fell, underperforming broader emerging market peers, Chile's peso rose 0.8% as copper prices hit six-month highs.

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