Country risk remains at 900 points, despite a negative wheel for global markets



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The Struggling trade talks between the United States and China, the two main economic powers, affect the performance of financial ratings, a trend that is becoming more pronounced for equities and bonds in emerging countries.

However, Argentine bond prices rallied on the half-wheel after a bearish start.

The fall of shares on Wall Street also leads to arbitrage, due to the departure of the hedged equity funds in US debt securities. This reflects the decline in the 10-year US Treasury rate, which is currently declining. 2.46 percent.

Country risk measures this difference in the reference rate of the treasures and the rate of Argentine bonds. The JP Morgan indicator loses two integers for Argentina, 899 basis points. In the morning, he came to increase a 2.3% or 21 basis points for 922 units.

Financial markets operate with a wheel with a predominance of losses.

The Dow Jones Industrialists, the main indicator of Wall Street, it was down 0.7%, after a new barrage of President Trump against China, which accuses of "breaking" the trade agreement.

"Donald Trump's threat to impose new tariffs has forced markets to reduce their optimism, and the latest statements deepen the plague." Trump accused China on Wednesday of "breaking the deal" and insisted they fail to reach an agreement "they will pay", said a report from Personal Portfolio Investments.

"In this sense, if an agreement is not reached – or a juicy move that generates a postponement – the new US tariffs on China will come into force on Friday," he added.

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