Wholesale jersey " said Flavio Serrano

in check.
The MSCI Latin American index .MILA00000PUS rose 0.24percent. The index has stabilized after a recent drop sinceearly April.
A report showing record U.S. exports in April eased someconcerns about a stalled economic recovery in the UnitedStates. A spate of weak U.S. data has been weighing on themarket. For details Wholesale jersey , see [ID:nN09117731]
"Mexico is most exposed to the manufacturing and exportpart of the U.S. economy, and this part keeps growing atreasonable levels Wholesale jersey outlet online you don’," said Gonzalo Fernandez, a stock strategistat Santander in Mexico City.
"We are going to keep moving between pessimism and optimismon the U.S. economy," he added.
Brazil's market seems to have found a fairly solid floorafter hitting its lowest since July last month.
Some initial signs that inflation may have peaked and thatan interest rate hike cycle may soon draw to a close havepushed some investors cautiously back into the market Wholesale jersey , analystssaid.
"We know the inflation scenario is getting better, butright now we think this scenario of deceleration in the UnitedStates and the global economy should limit part of the upwardtrend," said Flavio Serrano, an economist at Espirito Santoinvestment bank.
Brazil's benchmark Bovespa stock index .BVSP rose 0.69percent. A dip below the 63,000 point level drew in buyers forthe second straight day, but volume has been steadily fallingthis month, suggesting a lack of conviction in the movehigher.
Brazil's central bank raised its key interest rate to 12.25percent after the close of markets on Wednesday. Policymakersare seen hiking at least one more time in July.[ID:nN07179426]
"Once the tightening cycle ends, the Bovespa should have avery strong performance, but until then we will keep hoveringaround these levels," Serrano said.
Traders said they saw some flows from foreign investors Wholesale jersey ,who had pulled funds out of Brazil during its interest ratehike cycle.
Heavyweight commodity companies pulled the Bovespa up, withstate run oil company Petrobras (PETR4.SA) gaining 2.16percent.
Limiting gains, shares of food processing company BrasilFoods (BRFS3.SA) sank 3.21 percent after a member of Brazil'santitrust body voted late in the previous day against a 2009merge