Oil Wrap: Guyana Boom, Petrobras Pre-Salt Rise on Monday
Oil markets closed higher on Monday, August 31, 2026, as Brazil's Petrobras rose on Búzios pre-salt progress and Guyana's boom...
September 2, 2026Section
Markets
Financial markets, economic analysis, and cryptocurrency coverage
The Kenya Pipeline IPO Cleared. Foreign Buyers Took 0.15% of Their Slice
The Kenya Pipeline IPO raised Sh112bn, but Uganda and 13 state pension funds supplied Sh95.8bn while foreigners bought Sh32.7m of...
September 1, 2026
Moody’s Cuts Senegal to Caa2 as Debt Nears 108% of GDP
The Senegal credit rating is now Caa2, after a Moody's downgrade citing public debt near 108% of GDP and interest...
September 1, 2026
Argentina Markets Close Worst August Since February as Merval Sinks and Country Risk Jumps
Argentina closed its worst market month since February: Merval down 7.8 percent, country risk up 19 percent to 512 points,...
September 1, 2026
Brent Tops US$92 as Two Saudi-Crude Tankers Are Hit in the Strait of Hormuz
Two supertankers carrying Saudi crude were hit in the Strait of Hormuz, pushing Brent above US$92 as a global bond...
September 1, 2026
Mexican Peso August Rally Delivers Best Month Since April in Broad Market Gains
The Mexican peso August gain of 1.9% was its best month since April, as Mexico sold samurai bonds, bank credit...
September 1, 2026
Colombia Jobs: 578,000 Created in a Year, but Farming Lost 204,000
Colombia jobs grew by 578,000 in a year, but agriculture lost 204,000 and seven of ten new July posts are...
September 1, 2026
Latin America Steel: CSN, Gerdau Edge up Monday
CSN and Gerdau ADRs rose while the SLX steel ETF and Ternium slipped on Monday, August 31, 2026. Read the...
September 1, 2026
Iron Ore Wrap: Vale Rises as China Steadies
Vale gained 0.40% to US$15.09 while Dalian iron ore futures ticked up, keeping the US$93–US$100 range intact. Here is the...
September 1, 2026