US EditionArgentine Markets Rise as Milei Says Worst of Austerity Is over - LatinFinance
5 Articles
5 Articles
Commitment in the fiscal surplus, political dialogue and increase in sensitive spending such as retirements. These were some of the highlights of Budget 2026, announced last night by President Javier Milei through a national chain. In response, the market reverses the negative trend of the last days: stocks and bonds bounce, while dollars tend to fall and move away from the ceiling of the floating scheme by bands. One of the assets that most rea…
According to operators, Javier Milei's speech in the national chain showed that he is willing to make concessions to improve his electoral performance
After the collapse at the beginning of the day, the titles advanced in a market that still has doubts about foreign exchange policy.
Argentine bonds show a positive initial reaction to the national chain speech of President Javier Milei, who introduced his draft Budget Bill 2026 with a moderate tone. Around 9.40 a.m. in Argentina, premarket numbers on Wall Street show advances in hard dollar sovereign instruments throughout the curve.
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