The Colombian dollar closed the day down 0.77%. A barrel of Brent oil closed at the London futures market at $ 67.04, up 2.60% from the end of the previous session.
The Colombian dollar closed Wednesday down 0.77% at $ 3,565.54. The representative market rate (TRM) for tomorrow will be 3,578.29 USD.
The most appreciated shares on the Colombian market were ISA (with a variation of 4.33%), Promigas (2.63%) and Bancolombia (2.42%).
In turn, the price of a barrel of Brent oil for delivery in April ended on Wednesday in the London futures market at 67.04 US dollars, 2.60% more than at the end of the previous session.
One barrel of WTI for April delivery rose 2.51% to $ 63.22.
US trade in oil stocks rose last week compared to the previous week to the surprise of analysts, who expected a substantial drop after the cold snap that hit part of the country and especially the big local producer, the state of Texas.
According to a report by the US Energy Information Agency (EIA) released on Wednesday, as of February 19, the country’s crude oil reserves increased by 1.3 million barrels (mb) to 463 mb (+ 0.3%), when analysts expected a 6.5 mb drop.
With massive disruptions that paralyzed factories, demand for more than four weeks fell by almost 4% to 19.5 mb per day (mbd), which explains why reserves were less used. These reserves remain stable above the average of the last five years.
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The New York Stock Exchange closed sharply on Wednesday, with the Dow Jones industrial average at a record high.
The Dow Jones gained 1.35% to 31,961.86 points, while the Nasdaq rose 0.99% to 13,597.97 units and the S&P 1.14% to 3,925.43 units.
Federal Reserve Chairman Jerome Powell reiterated on Wednesday, the second day of his six-monthly hearing before lawmakers, that the Fed intends to keep interest rates low between 0% and 0.25%. He also calmed down on the inflation outlook.
He said that “rising interest rates (at the Treasury) are more of a sign of good growth prospects in the second half and not so much a sign of inflation,” according to Peter Cardillo of Spartan Capital Securities.
The interest rate on 10-year treasury bonds – which foreshadows inflation expectations – rose more than 1.43% on Wednesday morning before falling to 1.38% according to Powell.
The prospect of a new vaccine, that of Johnson & Johnson (+ 1.34%) available soon, and that of adopting an incentive package of $ 1.9 billion, also played a role in growing the market, he said. National.
Once again, the video game retailer GameStop was the target of a speculative fever, and its stock increased by over 100%, to 91.71 USD.
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