Bonds in dollars rise while the market awaits definitions of the meeting between the leaders, after the financial support of the United States to the Argentine exchange scheme.
The dollar bonds They extend the rebound this Tuesday, October 14, on the eve of the meeting between Donald Trump and Javier Milei in the US, where there could be announcements. In this context, investors remain optimistic after the support of the North American Treasury for the Government’s exchange rate policy until October 26. This Tuesday is the first day of full operations, after the two holidays: Cultural Diversity Day and “Columbus Day.” On the other hand, ADRs operate with a majority of losses, and the country risk remains below 1,000 basis points.
In this context, dollar titles advance up to 2% led by Global 2041 and 2046. Meanwhile, the country risk measured by JP Morgan it is below 1,000 points, at 932 basis points.
S&P Merval and ADRs
The leading panel operates with a rise of 1.8% to 1,960,197.460 points, where the largest increases belong to Aluar, BBVA (1.81%), Banco Macro (1%) and Comercial del Plata (1%). Meanwhile, Argentine papers listed on Wall Street operate with a majority of losses of up to 3.5% led by IRSA, Mercado Libre (-1.9%), Central Puerto (-1.5%) and Cresud (-0.6%).
Milei’s agenda in the US
President Javier Milei arrived in the United States this Tuesday morning from Aeroparque to meet in Washington with his counterpart Donald Trump at the White House, after the Secretary of the United States Treasury, Scott Bessent, confirmed the financial assistance granted to Argentina, which will consist, mainly, of a currency exchange for US$20,000 million.
The official agenda of Milei This Tuesday it will begin at 12 (Argentine time), the time agreed for the meeting between both presidents at the White House, where they will sign the book of honor. Later, Both will participate in a lunch with the delegations from each country.
Finally, as stipulated in the President’s agenda, Milei will be fired by Trump at 1:45 p.m. and at 5:00 p.m. he will be present at a ceremony honoring Charlie Kirkthe far-right leader shot dead at Utah Valley University on September 10.
News in development.-
Source: Ambito
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