The Country Risk Broke the Floor of the 500 Basis Points in the Middle of a New Raise of Argentine Bonds
15 Articles
15 Articles
Sovereign titles rise 0.2% and accumulate a 3% improvement so far in May. JP Morgan's indicator falls 15 points, to 498 units, a minimum since February 2. The S&P Merval wins 0.4% and Wall Street stands in record area
The indicator developed by JP Morgan is located in 498 units, one of the lowest values in the management of Javier Milei
The financial analyst analyzed the low country risk, the impact of the new RIGI and inflationary expectations for the coming months. Read more
The last week was marked by the key news linked to the risk qualifiers. On Monday, the indicator produced by JP Morgan fell to 498 basis points, its lowest level since January, and accumulates an improvement of more than 12% so far of the month. The decrease of this day is in the midst of the renewed optimism of the market after the improvement of qualification granted by Fitch Ratings to the local debt. In addition, through the peace negotiatio…
Argentina's country risk fell below the 500 basis point mark on Monday at the start of trading this week. The indicator, compiled by JPMorgan and measuring the attractiveness of investing in Argentina, reached 496 points, after closing at 510 last Friday. President Javier Milei celebrated the news with a message on his Twitter account. "TMAP. MAGA. VLLC!" he wrote. The first acronym stands for "Todo Marcha Acorde al Plan" (Everything is Going A…
The President highlighted in networks the regression of the indicator, which today pierced the 500-point barrier for the first time since the end of January.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
