It’s a crucial week. The United States Consumer Price Index (CPI) will be published on Tuesday. Any decline in inflation will be enough for markets to bring forward the long-awaited FED rate cuts.
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The dollar exchange rate started the week on the rise this Monday, March 11, and was close to S/3.7204, according to preliminary data from the Bloomberg international currency exchange portal.
On the previous day on Friday, the greenback had started its career at S/3.6895 and then progressed to the official closing of S/3.6900 set by the Central Reserve Bank (BCRP).
It’s a crucial week. The United States Consumer Price Index (CPI) will be published on Tuesday. Any decline in inflation will be enough for markets to bring forward the long-awaited FED rate cuts.
Stocks present a very mixed outlook this Monday at the beginning of the week. All Japanese indices close losing more than 2%, while Chinese indices rise more than 1%. Europe is not taking over from China, and loses about 0.50%.
Written and digital press journalist, graduated from the Federico Villarreal National University (UNFV). Currently, in La República, where he writes about economics, with emphasis on hydrocarbons, mining and social conflict.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
