News

The MSCI Latin America Stock Index rose by 0.39%, and the Latin American Currency Index increased by 0.60%. The Mexican stock market climbed 0.9%, while the Mexican peso appreciated slightly by 0.4% against the US dollar. The Colombian peso depreciated by 0.34%, and the local stock market fell by 0.9%, mainly dragged down by a 4.7% plunge in Ecopetrol’s share price. The Peruvian stock market rose nearly 1%, and the Peruvian sol edged down by 0.2%. Goldman Sachs analysts wrote in a report: “We expect the [Monetary Policy Committee] to maintain a cautious stance on the inflation outlook, while reiterating its view that supply shocks affecting the economy are temporary and are currently normalizing.” The Brazilian stock market fell by 1%. In recent months, investors have been closely monitoring the country’s domestic political dynamics.

ChainCatcher news, according to Golden Ten Data, the U.S. Commodity Futures Trading Commission (CFTC) stated that traders' overall positioning sentiment towards the U.S. dollar has risen to the most optimistic level since 2015.

Golden Ten Data, July 7 — At the close of trading on Monday, U.S. stocks ended higher, with the Dow Jones up 0.3% provisionally, the S&P 500 up 0.7%, and the Nasdaq up 1.1%. Western Digital (WDC.O) rose 7%, Broadcom (AVGO.O) climbed 3.7%, ASML (ASML.O) gained 3%, and Micron Technology (MU.O) along with a certain exchange both increased by around 1%. The Nasdaq Golden Dragon China Index closed up 1.7%, and NIO (NIO.N) rose 4.7%.