Bad Weather: Country Risk Hits the Highest Value in a Month and Shares Fall to 6% on Wall Street
6 Articles
6 Articles
The index produced by JP Morgan reaches 526 points, after the EDF raised the rates this week
The country risk rose again this Friday and reached 524 basis points, the highest level since August 20. The indicator developed by JP Morgan increased 9 units, equivalent to a rise of 1.7%, and also marked a new peak for September. It raised the country risk and the dollar ended the...
Noticias Argentinas | Agencia de noticias
Primera EdiciónThe indicator advanced nine units in the day. Meanwhile, the ADRs operated with a majority of casualties.
The Argentine assets ended the week with losses, in an international context conditioned by the highest interest rates in the United States. Sovereign bonds in dollars went back 0.7% on average and led to country risk at 524 points, while Argentine shares listed on Wall Street recorded losses of up to 7%. [...]
The rise in interest rates in the United States created a more adverse scenario for emerging markets.
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