This day Mercado Libre presented balances. The company reported that it billed US$2.69 billion in the third quarter of this year (+44.6%). For its part, Mercado Créditos closed that period with a stock of US$2.8 billion and earned US$2.56 per share.
As for the promotion of the energy sector, although a strong dollar reduces the demand for oil by making it more expensive for buyers using other currencies, there are still expectations that the oil market will adjust in the coming months.
It should be noted that the European Union’s embargo on Russian oil for its invasion of Ukraine will begin on December 5 and will be followed by a halt to imports of oil products in February.
The decline in production by the Organization of the Petroleum Exporting Countries (OPEC) also contributed to sustaining pricessince, according to a Reuters study, the production of the group of producers fell in October for the first time since June.
On Wednesday it was learned that the Fed decided to raise interest rates by another 75 points and maintain the tightening of monetary policy. This raised the price of the greenback and caused losses in the main stock market indices on Wall Street.
For its part, the dollar financial rebounded and ended higher after registering two consecutive falls. Thus, the Dollar Cash with Settlement (CCL) rose $1.55 (0.5%) to $304.93, while the MEP dollar rose $1.75 (0.6%) to $292.92. Consequently, the spread with the official reached 85.4%.
Source: Ambito
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