For its part, inflation in the United States in January was higher than expected, although lower than the previous month. Thus, inflation in year-on-year terms rose to 6.4%, above the 6.2% expected and below the 6.5% in December, which continues to confirm the slowdown in price risesbut not at the desired rate. This data will be key for the next meeting of the Federal Reserve (Fed).
In this context, Argentine papers listed on Wall Street rose to 4.6% thanks to Edenor, Irsa (3.6%) and Transportadora Gas del Sur (2.9%). Meanwhile, Globant SA (-1.8%) and Telecom Argentina (-0.8%) decreased.
Bonds and country risk
In the fixed income segment, bonds fell again by up to 1% led by Global 2035 followed by Bonar 2035 and Bonar 2030 (0.6%). On the contrary, Bonar 2029 operates on the rise with an advance of 2%. Thus, the country risk measured by JPMorgan rises 0.46% to 1975 basis points.
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.
