Oil prices fell, boosting investor risk appetite, and Latin American assets rose across the board.

On Thursday, as oil prices fell, boosting market risk sentiment, Latin American stocks and currencies both rebounded. However, the renewed escalation of US-Iran hostilities continued to keep investors cautious. In the Latin American region, most currencies appreciated against the US dollar, with the MSCI Latin American Currency Index rising 0.7%. The corresponding Latin American stock index rose by 1.4%. The Colombian peso led the gains, appreciating by 1.2%. However, the country's stock market was dragged down. Recently, Colombian assets have been generally favored, mainly due to market hopes that lvaro Uribe Vlez could win the presidential election.