Summary of the day – October 10, 2025

| Caution over possible escalation of US tariffs on China

• The Colombian peso closed the week with a marked depreciation, accompanying the general fall of Latin American currencies.
• Oil prices fell sharply following the escalation of trade tensions between the US and China.
• US stock markets closed the day lower, with the S&P 500, Nasdaq and Dow Jones all declining.
• The Colombian debt market presented generalized devaluations along the curve.

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| Hector Wilson Tovar Garcia: Research Manager – wtovar@accivalores.com

| Maria Alejandra Martinez Botero: Research Director – maria.martinez@accivalores.com

| Laura Sophia Fajardo Rojas: IE Analyst - Laura Fajardo@accivalores.com

| Maria Lorena Moreno: Analyst – maria.moreno@accivalores.com

| Hugo Camilo Beltran: Analyst – hugo.beltran@accivalores.com

| Sara Sofia Guzmán Suárez: Intern – sara.guzman@accivalores.com