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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessPetro Speaks at Infrastructure Event, Business Sentiment Data Expected
- President Gustavo Petro and Ecopetrol CEO Ricardo Roa speak at an event on infrastructure in Cartagena. The state oil producer Ecopetrol SA said it is analysing importing gas from Venezuela starting at the end of 2024, following the President’s visit with Nicolás Maduro in Caracas on Saturday.
- Ecopetrol said it is evaluating alternatives presented by Petroleos de Venezuela SA and has an existing contract through 2027 for gas import and export through a 139-mile pipeline that connects Venezuelan gas fields with northeast Colombia, which is currently “being stabilized,” the company said in a statement following an extraordinary board meeting. (BBG)
- October industrial and retail confidence data will be published today.
- Central bank Governor Leonardo Villar said on Tuesday that an important CPI drop would prompt a rate cut, placing significant emphasis on the December 07 release. Following the weaker growth data, BanRep now expect 2023 GDP of 0.9%-1.0%.
- Villar said he does not expect El Niño will have “a strong effect” on Colombia’s inflation in the coming months, as dry weather started later than forecast.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.