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Last year, Peru became the fourth country in Latin America to be given investment grade status by three of the most important credit rating agencies in the world due to sustained improvement in its fiscal and external solvency indicators.
 
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EMA of London Newsletter…
 
Gold price touches record high
The price of gold has risen above $1,300 an ounce for the first time.
The price of the precious metal reached $1,300.07 during trading at the London bullion market, before dipping back.
Gold PriceThe latest rise has been spurred by caution over the global economy, as well as weakness in the US dollar – the currency used to value gold – which fell 1% against the euro. The gold price has increased five-fold in the last 10 years, up from a low of $258 in 2000.
 
Bottleneck in Brazil boosts price of sugar
Sugar prices rallied to a six-month high on the back of extremely strong physical demand and export bottlenecks in Brazil, the world’s largest exporter, where more than 100 ships wait to upload.
Other so-called soft commodities were also strong on Tuesday, with cotton prices hitting a 15-year high and Arabica coffee rising to a 13-year high in New York.
ICE October raw sugar hit an intraday high of 21.47 cents per pound, up more than 4 per cent on the day and the highest since early March.
 

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Luis Aparicio

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EMA of London – the portal to doing business with London, www.EMAofLondon.com