Positive endto the week for equities globally, with the Nasdaq gaining 1.2% and the US market up 0.9%, while in Asia the Japanese Nikkei gained 1% and in Europe the FTSE100 led the way with +0.6%. In terms of rates, we saw global increases in both Treasuries and European sovereign bonds, registering +3bps and +5bps on average, respectively, essentially dismissing yesterday's positive US inflation figures. Among commodities, energy rose 1-2%, metals were slightly up, and agriculture was mixed. The dollar appreciated 0.2% and the VIX fell to 15.

Venezuela and PDVSA ended without significant changes compared to yesterday'sclose. For its part, the U.S. Treasury renewed Citgo's protection from PDV'20 creditors for another three months.

In Latin American fixed income, Ecuador led on the upside, gaining 0.5 points, while Argentina lost 0.25 points on the downside.