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March Trade Balance Expected At 1600BST

COLOMBIA
  • Local media report that the government is preparing new rules to avoid a natural gas shortage in 2026, including greater flexibility to import natural gas. Blu radio reported that this will include ensuring that there is capacity to import gas from Venezuela.
  • On the data front, March trade balance and imports figures will be released at 1600BST(1100ET). Analysts expect the deficit to widen to $1.21bn, from $762.5mn previously, as imports rise to $4.9bn.
    • March Trade Balance, est. -$1.21b, prior -$762.5m
  • In other news, President Petro replaced the country’s head of the army yesterday. Major General Luis Emilio Cardozo will take over from outgoing leader General Luis Ospina, the Defense Ministry said in a statement.
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