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Pope Leo arrives in Uruguay to start 12-day South America tour
Pope Leo landed in Uruguay on Friday, beginning a 12-day tour of South America. The trip will also take him to Argentina and Peru. The tour is seen as something of a homecoming for the pontiff, who lived in Peru for almost two decades. He holds both US and Peruvian citizenship.
📊 What it means for markets
Papal tours are usually diplomatic and religious events with little direct effect on markets. Gold, oil, USD, EUR, stocks and crypto are generally not expected to move because of this news.
Source: France 24
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