* Most Latam assets mark muted weekly movements * Argentine stocks set for worst week in 6 months * Peruvian sol set to snap 4-day winning streak (Adds details on Latam, updates prices) By Susan Mathew and Ambar Warrick Sept 18 (Reuters) - Brazil's real was set for its worst day in over two months on Friday, leading losses in Latin America as a renewed technology sell-off on Wall Street prompted selling in broader risk-driven assets. U.S. stocks turned lower in volatile trading, with regional stocks and currencies falling in tow amid continued concerns over the spread of the coronavirus, and a stalling economic recovery. "The afternoon stock market selloff stemmed from concerns that the second wave of coronavirus in Europe is getting out of control and as investors grow skeptical over the outlook for Big Tech," wrote Edward Moya, senior market analyst, New York, OANDA. Most stocks and currencies in Latin America marked muted weekly movements, as doubts persisted over the scale of global stimulus to fish the economy from a virus-driven slump. Latin America is the worst-hit region in the world by the pandemic. Brazil's real led losses for the day, sinking around 2%. It was set to end the week a touch weaker. Among stocks, a financials and energy drag weighed on Brazil's Bovespa, which sank more than 1.5%. Argentine stocks bounced back after two straight days of steep losses, and were set for their worst week in nearly six months. In Argentina, the peso was flat. The International Monetary Fund said it is evaluating Argentina's federal budget proposal and enhanced foreign exchange controls as part of its discussions over a new program for the South American country to update a $57 billion agreement struck two years ago. The Peruvian sol was set to snap a four-session winning streak as President Martin Vizcarra faces an impeachment hearing after the country's constitutional court on Thursday rejected his appeal to delay congressional efforts to remove him from his post. Peru's economy is set to contract 12.7% this year due to the impact of the coronavirus pandemic, slightly worse than a previous estimate. Elsewhere, Russia's rouble gave up session gains on Friday after the central bank kept rates unchanged at a record low on Friday, deciding against further rate cuts as inflation accelerates and risks rise of fresh sanctions against Moscow, but said a rate cut was still possible later this year. Chilean markets were closed for a holiday. Key Latin American stock indexes and currencies: Stock indexes Latest Daily % change MSCI Emerging Markets 1107.06 0.02 MSCI LatAm 1952.92 -2.52 Brazil Bovespa 98362.70 -1.73 Mexico IPC 36057.18 -0.2 Argentina MerVal 40778.07 2.458 Colombia COLCAP 1196.03 0.29 Currencies Latest Daily % change Brazil real 5.3600 -2.43 Mexico peso 21.1020 -1.19 Colombia peso 3728.12 -0.38 Peru sol 3.5227 -0.03 Argentina peso 75.3700 -0.07 (interbank) (Reporting by Susan Mathew in Bengaluru; Editing by Marguerita Choy and Timothy Gardner)
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