Argentina's Debt, Under Pressure: the Country's Risk Rose to 642 Points and Reached the Highest Value in 10 Months
14 Articles
14 Articles
Shares fall to 6% in New York and the official dollar reached a record $1550
The JP Morgan banking indicator climbs more than 3% at the start of the hand wheel of a new negative start for dollar bonds.Argentine shares on Wall Street fall more than 6% on a red day for international markets.
The country risk once again occupied the center of the Argentine financial scene. The indicator developed by JP Morgan exceeded on Monday the 640 basic points, its highest level so far this year, after having marked in July a floor of 402 points. The rise reflects a change in perception [...]
Argentina’s sovereign debt suffered a new onslaught on Wall Street and set off alarms in the city of Buenos Aires. Financial operators are concerned about local doubts about financing, the accumulation of reserves and an adverse global context.
Argentine assets operate with strong weakness this Monday. Around 13, the risk country measuring JP Morgan climbed to 642 basis points, a rise of 5.4% compared to the closing of Friday, when it had ended in 609 units. With that level, the indicator exceeds the maximum of 628 points of the last weeks....
Due to poor economic data and the retraction of investors, the risk country is triggered, while the Argentine shares and bonds that are listed in New York, fall around 6%, in the first wheel of the week. In fact, the national shares on Wall Street, are shown in red headed by Central Puerto, with ... Read more
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