7 Articles
7 Articles
The index produced by JP Morgan reaches 526 points, after the EDF raised the rates this week
JP Morgan reported that Argentina's country risk rose to 524 basis points after the Federal Reserve's rate hike and the stock market drop.The entry The country's risk scaled to 524 basis points was first published in OPI Santa Cruz.
The country risk rose again this Friday and reached 524 basis points, the highest level since August 20. The indicator developed by JP Morgan increased 9 units, equivalent to a rise of 1.7%, and also marked a new peak for September. It raised the country risk and the dollar ended the...
The indicator advanced nine units in the day. Meanwhile, the ADRs operated with a majority of casualties.
The Argentine assets ended the week with losses, in an international context conditioned by the highest interest rates in the United States. Sovereign bonds in dollars went back 0.7% on average and led to country risk at 524 points, while Argentine shares listed on Wall Street recorded losses of up to 7%. [...]
The rise in interest rates in the United States created a more adverse scenario for emerging markets.
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