Why the Correction After FOMC

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The October decline does not change the positive expectations, provided that there are no particularly negative developments in international markets - The course of banks will play a decisive role

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PPC shares hit a new 16-year high on the Athens Stock Exchange, continuing to climb above 15 euros. It is characteristic that, in the middle of the first session of… Stock Exchange: Why PPC is soaring to 16-year highs – Rally +12% in one month - I NAFTEMPORIKI

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After the victory of La Libertad Avanza, the S&P Merval recorded an increase of 70% in pesos and 73% in dollars, ranking among the highest monthly increases of the last 30 years. Sovereign bonds also rebounded strongly, while the dollar stabilizes and investors look again with appetite at Argentina. What are the keys of the week.

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October put an end to the upward streak of 11 consecutive months, an unprecedented record that occurs for the first time in stock market history. The market corrected by 1.92% in the month just ended, while during the previous 11 months it had recorded gains of 47.12% at the level of the main index and 99% gains for banks. The decline in October does not change the positive expectations, provided that there are no particularly negative developme…