November began with relief in global markets, which are trading oil downwards with the consequent sales of dollars both in Chile and worldwide.
The dollar-peso exchange rate fell $5.2 to $988.7 at the opening this Mondayaccording to Bloomberg data, and thus moved away from the $1,000 mark that it tried to reach several times last week.
It was just published September Imacec in Chilewhich dodged forecasts of a slight year-on-year decline, although the result was still barely up. Again, the only negative contribution to the 12-month change was mining.
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Local parity comes from close a monthly advance of almost $20 in Octoberamid fears that Donald Trump resume the bombings against Iran, once the midterm elections in the United States, this Tuesday, November 3.
However, from its recent highs Brent oil fell 4.4% to US$ 108.4 per barrel. And taking this into account, he dollar index fell 0.2% to 101.7 points and copper traded in London rose 0.8% to US$ 6.47 per pound. Treasury yields fell, although slightly, towards the longer tranches.
According to the news portal Axios, Trump told the Israeli prime minister, Benjamin Netanyahuwhich wants to allow the development of diplomatic talks with Tehran before making any decision on a resumption of large-scale military operations.
This resonated with the news on Saturday, when the US Secretary of State, Marco Rubiosaid that the White House has not made any decisions about new attacks, and that Trump prefers a diplomatic solution.
Source: www.df.cl
