how much does it operate at this Wednesday, October 16

ADRs sank up to 6.2% on Wall Street and the S&P Merval in dollars had its worst day in two and a half months

Argentine shares on Wall Street fell up to 6% this Wednesday, October 16, while dollar bonds They also made a profit after a strong bullish rally and The country risk exceeded 1,050 basis points after hitting five-year lows. At the local level, the S&P Merval fell sharply in dollars and scored his first loss on six wheels.

They reviewed the financial dollars: the MEP recorded the biggest increase since August, and the CCL approached $1,200

Financial dollars rose sharply this Wednesday, October 16. The MEP registered its largest daily increase in two and a half months, and the CCL once again approached $1,200.

The blue dollar stopped its sudden rebound and ended a streak of three days with increases

The blue dollar fell this Wednesday, October 16, to $1,190 for purchase and $1,220 for sale, according to a survey by Scope.

The BCRA maintains a positive streak: in October it already bought 70% more dollars than in all of September

The Central Bank (BCRA) added its 13th consecutive day without net sale of dollars in the official exchange market, since it ended with a positive balance of US$13 million. Thus, So far in October the result has amounted to US$645 million72% higher than the accumulated figures for both September (US$375 million) and August (US$380 million).

The MEP dollar rebounds after a long bearish streak and records its biggest daily advance in two months

Financial dollars rise this Wednesday, October 16. He MEP It wakes up after 3 weeks, reaching highs in 5 days. He CCL is also trading higher.

Dollar stocks: the idea that the restrictions will continue in 2025 is growing in the market

JP Morgan, Morgan Stanley and Bank of America They visited Argentina and reached an important conclusion: the exit from the stocks will not be in 2025. The same thought is reflected in future dollar contracts.

They estimate that there would be $14.6 billion to expand credit in local currency

According to a recent survey, they consider that the Government could suspend the sale in the CCL of the dollars it buys from exporters and that now the banks are going to start taking active repos.

By Carlos Lamiral.

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Wall Street pauses good performance and digests results from ASML and Morgan Stanley

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