Day: November 8, 2024

Peru

Peru and China are set to sign an updated free-trade agreement to increase bilateral trade by at least 50%, according to Peru’s foreign affairs minister.

Mexico

Mexico’s peso dropped as much as 2.4% before recovering slightly to a 2% loss amid concerns that President-elect Donald Trump will follow through on his

Colombia

Colombia’s annual inflation rate eased to 5.41% in October 2024, down from 5.81% in September. Consumer prices fell by 0.13% MoM, reversing a 0.24% rise

Bolivia

Bolivia’s central bank reversed its decision to implement new rules on reporting gold reserves. The bank said it would not follow through with the resolution

Tunisia

Tunisia’s government proposed a 2025 budget of 78.23 bln dinars, 2.5 bln dinars more than the projected expenditure for 2024. The budget bill targets GDP

Egypt

Egypt’s inflation slightly accelerated to 26.5% YoY in October, up from 26.4% in September, driven by a sharp rise in fuel prices. Food, the largest

Israel

Israeli PM Netanyahu stated that he has spoken with Donald Trump three times in recent days, and both leaders agree on the threat posed by

Uzbekistan

Uzbekistan’s international reserves rose to USD 43.1 bln at the end of October, up from USD 41.1 bln a month earlier, mainly driven by an

Ukraine

The reverberations of Trump’s victory continue as EU leaders try to work out whether they could keep the Ukrainian war effort going if Donald Trump

Russia

President Putin stated that Russia is ready for negotiations with Ukraine, but “on a basis of a current day reality”. He noted that a new

Vietnam

Vietnam’s PM Pham Minh Chinh instructed ministries and government agencies to take more proactive steps to boost the economy and requested ministries to assess and

Pakistan

Pakistan’s FX reserves rose to USD 11.2 bln last week, exceeding earlier expectations. Pakistan faces a USD 1 bln loan repayment this month and expects

Sri Lanka

Sri Lanka’s recovery is gaining momentum, with the economy growing by 4.7% YoY in Q2 2024, following a 5.3% expansion in Q1 2024. Further IMF

China

The Shanghai Composite fell 0.7% to around 3,430 on Monday, extending losses after China’s 10 tln yuan debt package failed to meet investor expectations. The