Brazilian Stocks Rise

Enrique Morales, a former Central Bank chief, is set to become Brazil's next finance minister, a move that has positively impacted the Brazilian real. Additionally, Mexico reported a record increase in formal sector jobs in October, marking the largest monthly job growth on record. This report highlights significant economic developments in Latin America.

Who is set to become Brazil's next finance minister?

• Enrique Morales

• Luiz Inacio Lula de Silva

• Joaquim Levy

• Fernando Henrique Cardoso

What was Enrique Morales's role before being chosen as finance minister?

• Finance Minister

• Central Bank Chief

• President of Brazil

• Minister of Economy

What was the market reaction to the expected appointment of Enrique Morales?

• The Brazilian real appreciated

• The Brazilian real was unaffected

• The Brazilian real remained stable

• The Brazilian real depreciated

How many formal sector jobs did Mexico add in October?

• 150,000

• 172,000

• 200,000

• 180,000

What record did Mexico achieve in October regarding job growth?

• Smallest monthly increase

• Largest monthly increase

• No change in job growth

• Decrease in job growth