Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
The International Monetary Fund (IMF) has approved a $1 billion increase to Ecuador’s Extended Fund Facility, raising the total program access to $5 billion. The decision, announced Friday, allows Ecuador to immediately draw about $600 million in financial support.
This marks the completion of the IMF’s second review of the program, signaling confidence in the country’s economic reform progress. IMF Deputy Managing Director Nigel Clarke commended the Ecuadorian government for mobilizing non-oil revenues, strengthening fiscal and external buffers, and addressing domestic arrears—all while safeguarding vulnerable populations.
The financial markets responded positively, with Ecuador’s 2030 sovereign bond rising 1.375 cents to 85.5 cents on the dollar, helping the note close the week higher.
Ecuador’s Economy Ministry welcomed the IMF’s decision, citing it as recognition of the administration's efforts to tackle persistent challenges like drought and rising insecurity. President Daniel Noboa’s government was noted by the IMF for meeting key quantitative performance targets under the agreement.
The boost in IMF funding is expected to help stabilize Ecuador’s economy amid external pressures and social unrest, reinforcing investor confidence and improving liquidity. The program aims to support economic reforms, ensure fiscal discipline, and enhance social protection policies in the South American nation.
Ecuador has faced mounting economic headwinds due to climate-related impacts and declining oil revenues. This new injection of IMF funds comes at a critical time as the country seeks to implement sustainable growth strategies and rebuild trust in international markets.
With the IMF’s backing and additional financial support, Ecuador is positioned to better navigate current challenges and pursue long-term economic recovery and stability.
