Asian equities rose along with European equities, while US equities gave back some of yesterday's gains in a day with no relevant news or data. Fixed income had no major movement either, with a slight bear flattener in the treasury curve, where short bonds fell (+4bps yields) and long bonds remained unchanged. On the commodities side, crude oil fell for the 4th consecutive session, returning WTI to $65, a level where it was prior to Trump's threats to Putin, who was reported to be willing to make concessions to the US to avoid further sanctions. VIX rose to 18 and the dollar flat at 98.81 DXY.

Venezuela and PDVSA moved similar to yesterday, with both curves up 0.10pts, seeing higher volume and bids that generated a solid floor particularly for the oil company.

In Latin American credits, a 0.5pt advance in the Argentinean sovereign curve stood out, driven by a recovery of the peso, which closed at ARS/USD 1340. The rest of the region rose up to 0.25pts.