The Stock Market Rally Does Not Slow Down: the Adrs Flew up to 7.1% and the S&p Merval Exceeded 2,000 Points
3 Articles
3 Articles
Since Monday, the Wall Street wheel opens at 11:30, Argentina time. Sovereign hard currency titles ended with losses after a week of euphoria.
Argentina’s actions maintain the sender after the victory of the ruling party. The leading index advances more than 2% and the ADRs climb hard on Wall Street, while Global bonds operate with slight casualties.
Argentine sovereign bonds begin November with mixed signals after a week of strong rally that led to parities at their peaks since August.On Monday, Globales show slight take-offs, especially in the long sections of the curve, while some Bonares maintain the upward trend.Among the Globals (NY law), the GD29 yields 0.2%, the GD30 recedes 0.5% and the GD35 loses 5.7%, correcting part of the rise of the last week, when they climbed up to 30%. Only …
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