"Investors are excited about the signals of Argentina," according to the Financial Times

Dollar stability, declining country risk and rising bonds and equities seem to demonstrate investors' resumption of "enthusiasm" for Argentina, according to a British newspaper The Financial Times.

"Not so long ago, the markets were" on sale "in Argentina, the currency was falling, inflation was skyrocketing and shares were not going anywhere, while the country to resist the charm grew from its past populist policy, "he said.

But he pointed out that the announcement by the Central Bank in late April that it could intervene in the foreign exchange market within the floating band if it judged movements of "excessive volatility" of the dollar, combined with more optimistic economic data, led to Investors need to "quickly change their minds".

In a note entitled "Argentine signals attract investors"The publication points out that the markets are returning" after the defeat of the beginning of the year ".

The article ensures that inflation should slow down and fall by the end of the year.

He argues that investors are comfortable with the changing contexts of the presidential race: "Macri recently announced a change of political center with the election of Miguel Ángel Pichetto, leader of the Peronist majority in Senate, like his companion, formulates. "

"By broadening its electoral appeal, Macri hopes to increase its popularity, which has collapsed due to the growing poverty rate and strict austerity measures put in place by the government to rid the country of its financial imbalances. "said the newspaper. in international financial circles.

He also badyzes the candidacy for the vice-presidency of Cristina Kirchner: she argues that it was a "surprise" not to run as a presidential candidate and to place the former head of cabinet there. , the "more moderate" Alberto Fernández.

The note signals the "dangers" that could lead to Kirchner's return to power in Argentina.

This is what emerges from the testimony of an investor who warns against the triumph of the duo Fernandez-Fernandez.

It's Jan Dehn, head of research at Ashmore, London-based investment manager, who closes the note and declares: "Peronism will take life in Argentina and a default will be seen." " If the coalition with her (Cristina Kirchner) wins, the stock price will fall ".