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EC - Colombia: Expansionist Policies Buoy Risk-Taking Tone
Ecopetrol S.A. American Depositary Shares
Emerging Markets: The Week Ahead (Apr 8-12)
Investors in the week ahead will receive updates on Colombia’s economy, including industrial production and retail sales, amid continued risk appetite in many emerging market countries.
Colombia, as with most nations, has been contending with slowing global growth, albeit with an upside to financial conditions as central bank monetary policy remains accommodative.
The Banco de la República, Colombia’s central bank, anticipates average growth for its trading partners in 2019 to come in at around 2.3% -- “somewhat lower this year than in 2018.” However, it noted that international