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20:27
Latin American assets retreat as hopes for peace in Iran fade and U.S. inflation data adds pressure
Earlier, data from the US economy showed that inflation accelerated last month, boosting the US dollar; meanwhile, as the prospects for peace in the Middle East faded and risk appetite was dampened, Latin American stock markets declined across the board. The Mexican peso depreciated the most against the US dollar, falling by 0.2%; the Colombian peso dropped by 0.4%, reaching its lowest level in nearly two months. The Brazilian real was largely unchanged. The Chilean stock market fell by 0.5% to its lowest level in over a month, recording its fourth consecutive trading day of losses.
20:27
David Morrison, Senior Market Analyst at Trade Nation: Investors are starting to price in the breakdown of the fragile ceasefire agreement
The current question is whether the resumption of war will accelerate the reopening of the Strait of Hormuz, or if Iran will continue to control this vital shipping choke point.
20:12
Oklo reports Q1 loss of $0.19 per share, in line with analyst expectations
Q1 research and development operating expenses were $27 million, compared to analysts' expectations of $16.1 million.
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