* Latam FX up 1.1%, stocks up 2% * Brazil's Oct services activity up 1.1% * Banxico touts stability of country's financial system (Updates to afternoon trading) By Pranav Kashyap and Johann M Cherian Dec 11 (Reuters) - Brazil's real led gains among Latin American currencies on Wednesday as investors priced in an interest rate hike by the local central...

* TSX ends up 0.6% at 25,657.70 * BoC cuts policy rate by 50 basis points * Materials sector gains 2.1% as gold climbs * Energy adds 1.4%; oil settles 2.5% higher (Updates at market close) By Fergal Smith Dec 11 (Reuters) - Canada's main stock index rose on Wednesday, led by resource stocks, as investors cheered the Bank of...

02:23 PM EST, 12/11/2024 (MT Newswires) -- Commercial crude stockpiles in the US fell more than projected last week, government data showed Wednesday, while oil prices climbed even as the Organization of the Petroleum Exporting Countries lowered demand forecasts for 2024 and 2025. Inventories of crude, excluding the strategic petroleum reserve, dropped by 1.4 million barrels to 422 million barrels...

04:33 PM EST, 12/11/2024 (MT Newswires) -- Canada's largest stock market, the Toronto Stock Exchange closed higher on Wednesday, climbing after the Bank of Canada, as expected, cut its benchmark interest rate by 50 basis points with more cuts expected to come. The S&P/TSX Composite Index closed up 153.37 points to 25,657.7. The Information Technology, and Energy sectors both closed...