Marval started accelerating this Friday, November 14th round, rising gingerly in the first moments of the round. 0.3% ~ 2,890,815 points. This is a modest recovery considering that in the previous round, leading indicators of the Buenos Aires stock market fell by 3.4% in peso terms and 4.1% in dollar terms, dragged down by the adverse international situation. Currently, there are hopes that some papers in particular will get back on track following the “framework” agreement with the United States.
“By providing competitive local businesses with access to cheaper goods, the impact should be net positive, increasing real wages and benefits,” Max Capital said.
“As with any trade agreement, some sectors will benefit and others will lose, but the net effect should be positive for the country,” he said.
At the same time, the first news coming from North American markets this morning showed that the papers of Argentine companies listed on Wall Street were rising in the pre-market. Key gainers included Banco Macro (1.27%), YPF (0.24%), Banco Superviel (0.5%), Ternium (0.3%) and Pampa Energia (0.17%), which analysts linked to market enthusiasm on news of the Argentina-US trade deal. In any case, this good news is combined with a negative day at the global level, which analysts are constantly reminded of.
As for them, Global sovereign debt rises timidly On Wall Street, it’s up to 0.1%. But at the same time they fall Bonales In New York state, AL30 led the way, peaking at 1.4%.
In that framework, country risk measured by JP Morgan It remains above 600 basis points. After Thursday’s rise, 616 unit.
Global stock markets opened lower on Friday after the Federal Reserve’s hawkish tone dashed hopes for a December interest rate cut, while worries grew over a confusing data calendar and concerns about artificial intelligence, Reuters reported.
Share prices in Tokyo, Paris and London plunged, with worries about the upcoming UK budget exacerbating difficulties in the UK market. Wall Street futures signaled that the stock would open lower after the previous day’s selloff.
under development…
About The Author
