Dlocal is trading at $13.82, up 4.86%, alongside a broad risk-on session, with major U.S. indexes up more than 1.7%—the clearest available explanation for the move. - On November 3, Dlocal and Western Union announced an expansion of their Africa remittance-payout partnership, including a Cameroon corridor; available coverage does not establish it as the cause of the November 4 move. - Dlocal’s next earnings report is scheduled for November 12.