The titles in dollars continue their rally this Wednesday, on a day marked by the tender of treasure debt and the expectation for the INDEC inflation data.
The shares and bonds in dollars They extend their upward rally this Wednesday, August 13, on a key day for the Ministry of Economy for the bidding of debt that will lead the national treasure and theInflation fact that the National Institute of Statistics and Census (INDEC) will announce.
In this context, The dollar bonds rise to 1% headed by the Global 2046 and 2041 while the country risk measured by JP Morgan is above 700 basic points.
He S&P Merval falls 0.7% to 2,296,270,320 points despite opening upwards at the opening. The shares of the leader panel falls up to 1.8% headed by Black Loma, Macro Bank (-1.5%) and Cresud (-1.3%). As for ADRSthese quote with a majority of casualties, the centrals: Black Loma (+2.8%), Macro Bank (+2.6%), and BBVA (+1.9%).
In Wall Streetthe main indices operate with a majority of increases, the industrial Dow Jones climbs 0.7%; The S&P 500 does it 0.02%; The Russell 2000 does 1.4%. On the other hand, Nasdaq falls 0.04%.
The market focuses on the tender
The Ministry of Economy will carry out a transcendent debt tender in pesos, through which it will seek to renew as many 15 billion as possible They defeat this week. The market expectation is fundamentally set on the rates that will validate the portfolio that Luis Caputo leads.
In the last placements, The treasure validated a strong increase in rateswith the aim of channeling the liquidity that was “loose” after the disarmament of the Fiscal Liquidity Letters (LEFIS) and thus also avoid greater pressure on the price of the dollar. However, the excessive leap in yields led to the government to take greater caution for this tender.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
