Strong Rise of Stocks and Bonds in the Hope of a Definitive Truce in the Middle East
3 Articles
3 Articles
A week dominated by international news. Cessation of fire that doesn’t seem very sustainable to say, but let’s have some faith. Argentine assets, like anything volatile, reacted favorably to the truce. The country risk returned to the area of the 500 and peak and perhaps, if it wasn’t for a local political situation that puts a lot of noise, it could be a few points lower also. El Peluca gave a good sign asking for patience and recognizing that …
The truce in the war conflict brought calm to the international markets and Argentine bonds closed the week up. Thus, the indicator produced by JP Morgan receded almost 60 units in the last few days.
Expectations for the end of the conflict in the Middle East generated calm on Wall Street. Thus, Argentine and global assets presented ups while oil moved away from the US$100. Read more
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