Market split on Colombia central bank’s next rate decision

Register now for FREE unlimited access to Reuters.com Register BOGOTA, Sept 23 (Reuters) – Analysts are split between those who expect Colombia’s central bank to moderately raise its benchmark interest rate next week and others who foresee a hike in line with previous moves amid fresh inflationary growth, a Reuters poll revealed on Friday. Eight … Read more

Analysis: Amid tense Brazil election, Petrobras emerges as surprise market darling

Register now for FREE unlimited access to Reuters.com Register RIO DE JANEIRO, Sept 22 (Reuters) – Brazil’s state-run oil company Petrobras (PETR4.SA) has spent much of 2022 in turmoil, cycling through four chief executives as President Jair Bolsonaro hammered the company to bring down fuel prices. Faced with that and the likely return of a … Read more

Morning Bid: Markets ‘Fed Up’

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, September 13, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in European and global markets from Anshuman Daga No pain, no gain. That seems to be … Read more

Brazil’s Atlas ‘superfoods’ business bolstered by capital market incursion

Register now for FREE unlimited access to Reuters.com Register SAO PAULO, Sept 21 (Reuters) – Privately owned grain trader Atlas has raised 100 million reais ($19.39 million) in the local capital market so far this year to grow its Brazilian “superfoods” business, a market where large trading firms will not venture , an executive said. … Read more

Car electrification unlikely to erase market for ethanol, says producer

A gas station worker fills up a car’s tank with ethanol in Cuiaba, Brazil, October 2, 2019. Picture taken October 2, 2019. REUTERS/Marcelo Teixeira/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 14 (Reuters) – The global movement by governments and automakers to boost electrification of cars does not mean … Read more

Bolivian coca farmers march on capital, burn disputed market

Register now for FREE unlimited access to Reuters.com Register LA PAZ, Sept 8 (Reuters) – Thousands of coca farmers marched into the Bolivian capital of La Paz on Thursday and set ablaze what they claimed was an illegal new market for the leaf. The growers, who marched five days from the Yungas region north of … Read more

Argentina hikes biofuel prices for the domestic market

Register now for FREE unlimited access to Reuters.com Register Sept 6 (Reuters) – Argentina’s government on Tuesday increased domestic prices of biodiesel for blending with diesel, as well as for bioethanol made from sugarcane and corn. The Ministry of Economy’s energy secretariat set the price of biodiesel at 220,000 Argentine pesos ($1,566) per tonne, up … Read more

Jittery markets see bond funds enjoy largest weekly inflows since Nov 2021

Photo for illustration. A man is silhouetted in an electronic board showing the FTSE MIB Index for the Italian equity market in this photo illustration taken in Rome August 9, 2011. REUTERS/Tony Gentile./File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 5 (Reuters) – Bond funds recorded their largest weekly inflow … Read more

Colombia central bank technical team sees higher interest rate than market

General view of Colombia’s central bank in Bogota, Colombia October 9, 2019. REUTERS/Luisa Gonzalez/File Photo Register now for FREE unlimited access to Reuters.com Register BOGOTA, Aug 3 (Reuters) – The technical team of Colombia’s central bank is predicting a higher benchmark interest rate than that projected by the market because of increased inflationary pressures and … Read more

Argentine peso slips in parallel black market to all-time low

Argentine one hundred peso bills are displayed in this picture illustration taken September 3, 2019. REUTERS/Agustin Marcarian/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, July 19 (Reuters) – Argentina’s peso surpassed the psychological barrier of 300 pesos per US dollar in the black market on Tuesday, hitting a record low … Read more