Argentine sovereign bonds are trading higher on Friday on the New York Stock Exchange, as reflected in the numbers on the premarket panels.
The Argentine dollar bonds are trading at increases of up to 2.75% this Friday, August 9 prior to the opening of markets. Thus, the consolidation of the recovery process of Argentine bonds listed on Wall Street, which began after Monday’s financial crash, is advancing.
Let us remember that Panic in global markets began last week and exploded on Monday of this week.as a result of the rate hike by the Bank of Japan and fears of a global recession.
In this context, emerging market bonds, including Argentina, fell sharply, but since Tuesday, a recovery process is observedwhich has been going on for three days in a row now.
This Friday Bonares mark increases of up to 2.75%led by the AE35, followed by the AL35 (+0.19%) and the AL41 (+0.14%).
For its part, Euro globals also post gainsled by GE41 (+1.49%), GE35 (+1.21%) and GE46 (+1.9%). And the dollar currencies climbed up to 0.36%, with GD46 at the top of the podium, followed by GD35 (+0.30%) and GD41 (+0.16%).
Note in development.-
Source: Ambito
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