The global stock market closed with mixed sentiment, in line with a decline in global volatility and a slight 0.02% drop in oil prices following an unexpected weekly decline in U.S. crude oil stockpiles. U.S. stock indices closed higher after President Trump unveiled plans to add 25% tariffs on approximately 1.300 Chinese products, following China's announcement the previous day of new tariffs on 106 U.S. products.See more
Inflation and exchange rate: Inflation surprises and resumes upward pressure: How does the TRM interpret it?
For the foreign exchange market, the surprise in the March data and the expectation of a more restrictive monetary policy for a longer period have strengthened one of the currency's main structural supports: the carry channel. This feature continues to give the Colombian peso significant appeal, particularly in an environment where the global dollar has lost some momentum, but the selection process within Latin America has become more demanding.
