{Photograph}: AFP Firm

The dollar closed the negotiations this Friday with a median worth of $4,140.50, above the Marketing consultant Market Value, which was set for this Friday at $4,068.75 by the Financial Superintendence. The price set out there out there this Friday is close to the historic most of $4,153, registered in March of this 12 months.



The foreign exchange has had a significantly dangerous conduct after the elections ultimate Sunday, which gave the winner to the candidate of the Historic Pact, Gustavo Petro. Tuesday was the day that possibly registered most likely essentially the most ups and downs. This Thursday it registered an enormous enhance in its market worth, closing the negotiations at $4,102.

However, this Friday, further worldwide parts prevailed than the post-election scenario in Colombia, significantly the analyzes that time out that the US financial system would possibly enter a recession, largely due to the rate of inflation growth.

Moreover be taught: Is the US financial system ready for a recession?

The winds of recession are sometimes unhealthy info mainly, nevertheless on this case they fall considerably badly, as they'd mark a model new low degree for the worldwide financial system, which stays to be attempting to get higher pre-pandemic indicators.

The conduct of the dollar in Colombia goes hand in hand with that of the Colombian Stock Alternate (BVC) which, at least until Thursday, recorded three days down.

For this Thursday, the Colcap Index of the BVC registered a decrease of two.43%. Basically essentially the most affected movement was that of Ecopetrol, which fell 13.61% in its third consecutive day of decline in its stock worth on the Stock Alternate.

However, on the opening of the market this Friday, the BVC recorded a slight restoration. At 1:45 pm, the Colcap rose 1.58%. Likewise, Ecopetrol shares moreover rose 6.23% this Friday.

Moreover be taught: The nationwide settlement advances: Álvaro Uribe accepted Gustavo Petro's invitation

How are the worldwide markets doing?

In worldwide markets, the worth of Texas Intermediate Oil (WTI) opened this Friday with a rise of 1.89%, to US$106.25 per barrel at a time when the supply of black gold is proscribed, nevertheless On the same time, there is a concern {{that a}} doable slowdown in monetary train will set off a drop in demand throughout the vitality market.

For its half, the worth of a barrel of Brent oil (reference for Colombia) ended this Friday throughout the London futures market at US$113.10, 2.79% better than on the end of the sooner session.

The price rebounded instantly after two consecutive lessons by way of which the priority of a slowdown throughout the world financial system had weighed down the negotiations throughout the oil futures market. The restriction of present due to the battle in Ukraine and doubts in regards to the ranges of present in Libya boosted the worth this Friday.

The rise in Brent moreover largely explains the rebound in Ecopetrol shares which, in response to some analysts, are already taking off from the electoral and political situation in Colombia.

It is worth remembering that ultimate Wednesday, the president of the US Federal Reserve (Fed), Jerome Powell, launched that the corporate will preserve its protection of elevating charges of curiosity even on the specter of the nation coming right into a recession. , a scenario that he did not rule out.

Moreover be taught: How crucial is Ecopetrol's stock market crash? Specialists make clear

In an look sooner than a committee of the US Senate, Powell assured {{that a}} "comfy landing" of the financial system stays the goal of the Fed (that is, a drop in inflation that impacts monetary train as little as doable). , nevertheless admitted that this case is getting "more durable".

Likewise, yesterday, Powell admitted that the physique he leads erroneously estimated the prospect of extreme inflation.

 

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