# Financial Markets Report - First Quarter 2022 | Banco de la República

> Banco de la República's Q1 2022 financial markets report describes global inflation accentuated by commodity price increases after Russia's invasion of Ukraine, central banks withdrawing stimulus, and China's COVID-related uncertainty. It notes Latin American currencies benefited from better terms of trade, with the Colombian peso appreciating on oil prices.

- Date: 2022-04-22 · published 2022-04-22T12:00:00.000Z
- Category: report · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/42120-financial-markets-report-first-quarter-2022-banco-de-la-republica
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The report is a backward-looking review of macro and currency conditions rather than a new shock, so its direct impact on feed prices is limited. It reinforces that commodity-driven terms of trade are supporting Latin American currencies.

## Read by commodity

- WTI: neutral
- USDCOP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-12-12 | [Oil Market Report - December 2018 - IEA](https://feedsoft.ai/events/8519-oil-market-report-december-2018-iea.md) | -10.6% | +1.6% |
| WTI | 2023-10-12 | [Oil Market Report - October 2023 - IEA](https://feedsoft.ai/events/9278-oil-market-report-october-2023-iea.md) | +5.6% | -9.5% |
| WTI | 2023-11-14 | [Oil Market Report - November 2023 - IEA](https://feedsoft.ai/events/33372-oil-market-report-november-2023-iea.md) | -0.9% | -13.1% |
| WTI | 2022-05-19 | [Japan Trade Balance Widens April on Record Import - Asia Financial News](https://feedsoft.ai/events/41630-japan-trade-balance-widens-april-on-record-import-asia-financial-news.md) | +2.2% | +7.2% |
| WTI | 2022-03-31 | [Statement about Oil Market Report data - IEA](https://feedsoft.ai/events/42181-statement-about-oil-market-report-data-iea.md) | -10.6% | -2.2% |

## Sources

- d1b4gd4m8561gs.cloudfront.net: https://d1b4gd4m8561gs.cloudfront.net/en/publications-research/financial-markets-report/first-quarter-2022

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.