Colombian PPI YoY (Apr) Y/Y 4.48% (Prev. 4.22%)
The Colombian PPI YoY increase to 4.48% from the previous 4.22% indicates rising producer prices, which may signal inflationary pressures in the economy.
US President Trump says a promise was made that the EU would deliver their side of the deal and, as per agreement, cut their tariffs to zero; however, the EU has until the July 4th, or tariffs would immediately jump to higher levels
Member of the Iran's Parliament's National Security Commission says in my opinion, Iran's security equation regarding the Iraqi Kurdistan Region will also include the UAE, Fars reports
Colombian PPI YoY (Apr) Y/Y 4.48% (Prev. 4.22%)
Tasnim reports that some sources say that some of these sounds are related to IRGC naval operations to warn some ships about unauthorized passage through the Strait of Hormuz
Chinese officials say they want a resolution to the Iran war before Trump’s trip to Beijing next week, Bloomberg repoRts
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This uptick could influence monetary policy discussions and potentially lead to a more hawkish stance from the central bank if sustained, affecting investor sentiment across local assets and possibly impacting commodity prices given Colombia’s reliance on raw materials.
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