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Ocampo Speaks On Bloomberg TV, Trade Balance Data

COLOMBIA
  • Finance Minister Jose Antonio Ocampo speaks on Bloomberg TV currently scheduled for 1315BST/0815ET, during a US trip to meet with investors and rating agencies.
  • 1600BST/1100ET: July Trade Balance, est. -$50m, prior -$332.8m
  • Colombia Central Bank released the latest survey of economists. The survey saw 2022 CPI estimate raised to 11.33% Vs. 9.90% with 2023 year-end inflation raised to 6.30% from 5.54%.
    • Economists believe the next rate move will be a 100 bps increase in September.
    • They also expect 2022 year-end exchange rate at 4300 from 4199 COP/USD previously.

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