Author: Live Forex news

VENEZUELA: Maduro Will Send Letter To Trump To Eliminate Tensions

Venezuela’s President Nicol?s Maduro said he would send a letter to his U.S. counterpart Donald Trump aimed to promote a respectful dialogue, changing bilateral relations for good and erasing tensions and conflicts.

The news came only one day after M…

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BRAZIL: Ibovespa Rises On Privatizations, Auctions And TLP Approval

The Brazilian government announcement on new privatizations, concessions and auctions under the Investment Partnerships Program (PPI), in addition to the approval of the Long-Term Rate (TLP) in a Congress’ joint committee, made the Ibovespa high (+0.6…

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ARGENTINA: Merval Rises 1.55% Boosted By Banking Sector

Merval, the main index of the Buenos Aires Stock Exchange, rose 1.55% Wednesday, closing at 23,256.86 points, driven by banking stocks.

The shares of Agrometal (+5.12%), Galicia (+5.03%), Costanera (+5%), Banco Macro (+3.66%) and Banco Franc?s (+2,99…

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COLOMBIA: Colcap Drops 0.10% Under Financial Pressure

Colcap, the main index of the Colombian Stock Exchange, fell 0.10% Wednesday, closing at 1,481.24 points, due to low financial performance.

Ramses Testanapalmett, an analyst at Ultraserfinco, said that the quarterly reports by the most of the financi…

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ARGENTINA: Government Seeks To Boost Presence In Korean Market

An Argentinean delegation concluded an official visit to South Korea aimed to strengthen the South American country presence in the Asian market.

The Argentinean mission held a bilateral agenda on trade and technical and phytosanitary negotiations wi…

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CHILE: Analysts Keep Inflation Estimates Unchanged In Central Bank Survey

Financial directors from Chilean firms kept their estimates for the inflation in the next 12 months at 2.60%, according to a central bank survey. The forecast for the annual inflation rate 24 months from now also remained unchanged at 2.80%. The infla…

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ARGENTINA: Industrial Production Grows 5.4% In July – FIEL

Argentina’s Industrial Production Index grew 5.4% in July on an annual comparison, said the Latin American Economic Research Foundation (FIEL).

On a monthly basis, the Argentinean industrial output increased 1.9% in July compared to June, after seaso…

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BRAZIL: Long Term Rate In BNDES Financing Approved In Committee

The joint committee that analyzes the Provisional Measure 777 in the Brazilian Congress approved by 17-6 the report by the representative Betinho Gomes (PSDB-PE), which establishes the Long Term Rate (TLP) in financing by Brazil’s National Bank for Ec…

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