With the market focused on tomorrow's US inflation data, rates rose slightly by 1-2bps in the US, similar to the change in Europe, while equities advanced marginally, following mixed results in Asia and Europe with no major changes. In commodities, energy fell 2%, while agriculture rose 1% and metals fell slightly.

In Venezuela and PDVSA, the same story of the last few days has been repeated, seeing slight declines with low volumes.

Latin American credits suffered sharp falls in the face of a risk-off in emerging debt, with El Salvador's long bonds falling by up to 1.25pts and Argentina's 1pt, while the rest of the region fell by an average of -0.5pts ...