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Lower House To Vote On Wealth Tax

CHILE
  • USDCLP remains towards the lower end of most recent ranges. The breach of 713.97 support has likely opened up an initial move to 699.19 before more meaningful support at 693.
  • Following their upgraded forecasts for the Chilean Peso yesterday, Goldman Sachs have also released a note forecasting 'Copper on Path to $15,000 in 2025 Amid Green Transition'
  • 1500 local time today: Chilean Lower House committee votes on a wealth tax, while a Senate committee reviews a bill on a new royalty on copper sales.

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