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Emerging Market Views says Colombia's economy is showing a cyclical upswing, with January retail sales growing 6.2 percent year-over-year against 1.2 percent expected. The analysis links the recovery to stronger global growth, returning capital inflows and a cheap peso.
A stronger domestic economy and firmer demand support Colombian feed and meat consumption, though the effect on global commodity prices is small.
em-views.comDawn KissiMar 29, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
