MSCI's gauge for Latin American stocks inched up 0.2%, while the currencies index dipped 0.1% against the dollar, ending a three-day winning streak, by 1931 GMT. As the largest economy in the region, Brazil will be the focus on Wednesday, as its central bank is widely expected to cut interest rates by at least 25 basis points.
* Brazil's inflation slows to 0.21% in mid-April vs est 0.29% * Brazil's cenbank chief points to US interest rates as major beacon * S&P Global Ratings cuts Peru's rating * Latin American stocks jump 1.5%, FX adds 0.8% By Bansari Mayur Kamdar April 26 (Reuters) - Currencies and stocks in Latin America rose on Friday, setting both indexes on track for weekly gains, tracking upbeat risk sentiment globally as Wall Street rallied on robust earnings reports. The MSCI index for Latin American currencies gained 0.8% and was on track to end the turbulent week 1.4% higher following steep losses earlier in the month when investors walked away from riskier assets due to uncertainties from heightened tensions in the Middle East.
* US economic growth slows in first quarter; inflation surges * Lower iron, nickel and copper prices weigh on Vale's earnings * Cement maker Cemex's Q1 profit climbs despite dip in volumes * Latam FX off 0.4%, stocks down 0.5% By Bansari Mayur Kamdar April 25 (Reuters) - The Mexican peso led losses among Latin American currencies on Thursday, after hotter-than-expected U.S. inflation data reignited concerns that the Federal Reserve would delay cutting interest rates. The MSCI index for Latin American currencies slid 0.4% by 1500 GMT. "LATAM odds of exercising loose monetary policy and stay stimulative are basically cemented."