US EditionGlobal Volatility Hits Argentine Assets as Country Risk Edges Back Toward 600 Points
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4 Articles
Global volatility hits Argentine assets as country risk edges back toward 600 points
Argentine assets ended the week under pressure, pulled lower by international volatility linked to the Middle East war, in a session marked by falling stocks and bonds, a higher country risk index and renewed oil-driven pressure on inflation and financial expectations. Brent crude settled at $103.14 a barrel, while Wall Street extended its weekly losses amid concern over global energy supply.
The Middle East conflict infected the world’s major stock exchanges and Argentine papers contracted up to 6 percent. The dollar rose, but closed the week down and the Central Bank bought currency again. The closing of the week was dominated by a downward trend for Argentine assets, which failed to decouple from the international volatility propitiated by the conflict in the Middle East. Shares and bonds fell and the country’s risk returned to th…
Buenos Aires, 13 March (NA) – The S&P Merval notes its second consecutive fall, while the sovereign bonds in dollars operate with disparity this Friday. Markets close a tense week due to the uncertainty generated by the war in the Middle East. In that framework, the country risk rises and is located close to the 570 basic points. Argentine bonds are listed without a definite trend in the local square, according to the Argentine News Agency. Glob…
The Argentine sovereign bonds in dollars operate with disparity this Friday on Wall Street, in the closing of a week crossed by the volatility of the global markets in the face of the uncertainty generated by the war in the Middle East. In that context, the Argentine bonds fail to consolidate a recovery and are listed without a definite trend in the New York Stock Exchange, despite the fact that the...
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