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Gold and defence stocks rise but oil falls after US seizure of Maduro – business live

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The US capture of president Nicolas Maduro is expected to set to trigger a rally in Venezuela’s international debt, analysts at JPMorgan have predicted.

Reuters reports that JPMorgan analysts told clients that debt issued by state oil company Petroleos de Venezuela (PDVSA) could also see strong demand:

“Venezuela and PDVSA bonds have roughly doubled in price since during the course of 2025, but should still see a strong bounce — up to 10 points — at the start of Monday’s session.”

“If the US gets its way and US creditors and claimants become the senior creditors of Venezuelan debt, Chinese creditors would face higher risks of missed payments as the Venezuelan government and state firms struggle to meet US demands and domestic expenditure needs.”

Continue reading…Rolling coverage of the latest economic and financial newsThe US capture of president Nicolas Maduro is expected to set to trigger a rally in Venezuela’s international debt, analysts at JPMorgan have predicted.Reuters reports that JPMorgan analysts told clients that debt issued by state oil company Petroleos de Venezuela (PDVSA) could also see strong demand:“Venezuela and PDVSA bonds have roughly doubled in price since during the course of 2025, but should still see a strong bounce — up to 10 points — at the start of Monday’s session.”“If the US gets its way and US creditors and claimants become the senior creditors of Venezuelan debt, Chinese creditors would face higher risks of missed payments as the Venezuelan government and state firms struggle to meet US demands and domestic expenditure needs.” Continue reading…