Cedears closed with general rises driven by the CCL dollar

Cedears closed with general rises driven by the CCL dollar

All nine ETFs closed higher but the energy sector index led the day, growing 6.5%, followed by the MSCI Brazil with 4.3%, and finally the S&P 500 with 3.9%.

These guarimos had to do with the 2.7% rise in the CCL Cedear dollar. The stock exchange rates presented a strong acceleration in the last rounds. The fall in the demand for money to carry out transactions in relation to December, the delay in the agreement with the IMF, and insufficient interest rates boosted the rises.

For its part, US stock indices fell on Tuesday. US equities had a turbulent start to 2022. The S&P 500 is down 10.4% from its record closing on Jan. 3, while the tech-heavy Nasdaq posted its worst start to a year since 1980.

The main stock market indices on Wall Street remain expectant of the decision to be taken by the Federal Reserve in its monetary policy meeting and the possible rise in interest rates to combat inflation.

Source From: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts