Macro Monday 57 - Venezuela Update ( 5 charts)Macro Monday 57 - Venezuela Update
I'll have more charts for you over the coming week but feel this is an important event that could help shape South America's economic trajectory over the coming 5 - 10 years
Last week I shared the country that has the largest oil reserves in the world, Venezue
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About Caracas Stock Exchange General Index
The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles (BME), the company which runs Spain's securities markets (including the Bolsa de Madrid). It is a market capitalization weighted index comprising the 35 most liquid Spanish stocks traded in the Madrid Stock Exchange General Index and is reviewed twice annually. Trading on options and futures contracts on the IBEX 35 is provided by MEFF (Mercado Español de Futuros Financieros), another subsidiary of BME.
Macro Monday 56~Venezuela - Democracy Beacons Economic Reform Macro Monday 56
Venezuela - Democracy Beacons Economic Reform
As one of the core members of OPEC, Venezuela holds the distinction of having the largest oil reserves in the world with over 304 billion barrels beneath its surface. This is marginally more than the Saudi Arabia oil reserves.
If
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Displays a symbol's price movements over previous years to identify recurring trends.
