Saturday, January 16, 2021
Forex Broker News
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers
    Onorio

    Onorio Review

    Lucrum pro Lucrum.pro

    Lucrum Pro Review

    https://www.plutus.pro/

    Plutus Pro Review

    jp finance broker

    JP Finance Review

    galore pro forex broker

    Galore Pro Review

    profit trade review

    Profit Trade Review

    LegacyFX Review

    LegacyFX Review

    City Index Review

    City Index Review

    Forex.com Review

    Forex.com Review

  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News
No Result
View All Result
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers
    Onorio

    Onorio Review

    Lucrum pro Lucrum.pro

    Lucrum Pro Review

    https://www.plutus.pro/

    Plutus Pro Review

    jp finance broker

    JP Finance Review

    galore pro forex broker

    Galore Pro Review

    profit trade review

    Profit Trade Review

    LegacyFX Review

    LegacyFX Review

    City Index Review

    City Index Review

    Forex.com Review

    Forex.com Review

  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News
No Result
View All Result
Forex Broker News
No Result
View All Result
Home News Forex Broker News gulfbrokers

Argentine stocks near default? Index falls more than 35 percent

According to Bloomberg,

Table of Contents

  • RELATED POSTS
  • Retail in eurozone slows despite trade war
  • EU invests in green energy
  • Cutting of output didn’t help

RELATED POSTS

Retail in eurozone slows despite trade war

EU invests in green energy

Cutting of output didn’t help

The surprise outcome in Argentina’s primary vote roiled the nation’s financial markets, sending the S&P Merval Index plunging 48% in dollar terms.

Source: Bloomberg

Suddenly, fears of a full-blown financial crisis in Argentina have once again come rushing to the fore

In the wake of President Mauricio Macri’s stunning rout in primary elections over the weekend, investors dumped its stocks, bonds and currency en masse in a selloff that left much of Wall Street wondering whether the crisis-prone country was headed for yet another default.

The upset, widely seen as a preview of October’s presidential vote, threw the doors open to the very real possibility a more protectionist government will take power come December and unravel the hard-won gains that Macri made to regain the trust of the international markets. It deepened worries his populist opponent, Alberto Fernandez, and running mate, former president Cristina Fernandez de Kirchner, will try to renegotiate its debts as well as its agreements with the International Monetary Fund. The country has billions in foreign-currency debt due over the coming year.

“The market is starting to price in default,” said Edwin Gutierrez, the London-based head of emerging-market sovereign debt at Aberdeen Asset Management. “The market is unwilling to give Fernandez the benefit of the doubt.”

ADVERTISEMENT

Source: Bloomberg

The Argentine index –  MERVAL INDEX drops more than 35 percent per one day.

 

Will we see another drop? This article serves only for marketing purpose and can NOT be considered as investing advice or recommendation. You trade on your own responsibility. We recommend you to keep your money and risk management tight.

 

 

The post Argentine stocks near default? Index falls more than 35 percent appeared first on Gulfbrokers.

Share197Tweet123ShareSend

Related Posts

gulfbrokers

Retail in eurozone slows despite trade war

December 11, 2019
gulfbrokers

EU invests in green energy

December 11, 2019
gulfbrokers

Cutting of output didn’t help

August 6, 2020
gulfbrokers

New peak is here

December 3, 2019
gulfbrokers

Alibaba is first step to selling stocks

December 3, 2019
gulfbrokers

No more Huawei in America

December 3, 2019

Select one of the Best Forex Brokers for your Trading  |  Read the Reviews

Onorio

Onorio Review

Lucrum pro Lucrum.pro

Lucrum Pro Review

https://www.plutus.pro/

Plutus Pro Review

jp finance broker

JP Finance Review

galore pro forex broker

Galore Pro Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. forexbroker.news is an affiliated partner with various Forex brokers and may be compensated for referred Forex traders.

Risk Disclosure: Forexbroker.news assumes no liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and forex signals. Operations in the international foreign exchange market contain high levels of risk. Forex trading may not be suitable for all investors. speculating only the money you can afford to lose. Forexbroker.news remind you that the data contained in this website is not necessarily real-time and may not be accurate. All stock prices, indexes, futures are indicative and not appropriate for trading. Thus, Forexbroker.news assumes no responsibility for any trading losses you might incur as a result of using this data.You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Disclaimer: It is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBroker.News has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBroker.News, nor shall it bias our reviews, analysis, and opinions.

  • Privacy Policy
  • Contact US
  • Terms of use,

Copyright © 2020 forexbroker.news

No Result
View All Result
  • Home
  • Forex Broker Reviews
  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News

© 2020 https://forexbroker.news - Forex Broker news & magazine