Summary of the day May 3, 2018

stocks and shares

Treasury Secretary Steven Mnuchin, along with Commerce Secretary Wilbur Ross and Trade Representative Robert Lighthizer, began a two-day meeting with Chinese Vice Premier Liu He to discuss the future of trade relations between the world's two largest countries. However, no comments were made after the meeting, suggesting that there are still no visible results and that the negotiations could extend beyond the planned timeframe, increasing global uncertainty. Meanwhile, Iranian Foreign Minister Mohammad Javad Zarif stated that his country will not renegotiate the nuclear deal it reached with the US. However, the world remains attentive to President Trump's decision on May 12 to withdraw from the agreement. Geopolitical tensions in Syria continue, and the market awaits decisions from both sides.

See more

Subscribe

Receive our analysis in your email to stay up to date. Stay connected with the economic situation and the market.

Posts

March Inflation Expectations

According to the report presented by the National Administrative Department of Statistics (DANE), the year-on-year variation of the Consumer Price Index (CPI) rose to 5.35% in January, from 5.10% in December. This figure is lower than the market estimate (5.40%) and the estimate by Economic Research of Stocks and Securities (5.45%). The monthly inflation figure was 1.18%. This monthly variation was higher than that of December (0,27%).