Argentine bonds show a slight rebound after falling due to the collapse in global markets

Argentine bonds show a slight rebound after falling due to the collapse in global markets

Sovereign bonds listed on Wall Street are starting the day with slight gains before the markets open. The market is preparing for a very volatile day after the fall in the stock markets on Monday.

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The Bonds begin with an upward trend in the pre-market this Tuesday, August 6 and the market is preparing for a volatile day, after a Monday of collapse, which will surely be remembered as historic in global stock markets as a consequence of the rate hike applied by Japan and the expectation of a global recession due to poor economic data in the United States.

“Today at dawn the Nikkei had an extreme rebound of 10%, which gives us the signal that the worst is over very quickly. In this context, the American indices opened higher, but to a much lesser extent,” he said. Ambit Juan Pedro Mazza, Cohen Investments strategist.

In this context, after having suffered strong falls, although throughout the day they were attenuated, on the eve, this Tuesday they mark a slight rise, a rebound and They are showing signs of recovery after the previous “crash”, which brought the country risk above 1,700 points.

He Global 2035 (GD35) is the one that climbs the most and climbs 0.33% and is the one leading the slight increases prior to the opening of the markets, followed by the Global 2046 (GD46), which recovers 0.25% and the Global 2041 (GD41), which rises 0.15%.

For today, capital market expert Marcelo Bastante anticipates to this media, along those lines, that “there may be a rebound after such a fall, in fact in the premarket the indicators are positive,” but does not rule out that it will be a day of “a lot of volatility as well.”

Note in development.-

Source: Ambito

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