Tuesday , August 16 2022

Marvel has grown by 0.7% following the Fed's announcement


Speaking at the New York Economical Club, Powell noted that "the tariffs are still at a historically low level" and that "what is considered to be neutral for the economy," is "faster or slower" growth.

Based on these observations, the leading Marvel Index of Argentina Stock Exchanges and MarketsIt increased from 0.7% to 31.138.7 units.

The The main growth was registered with YPF shares (3%), Gas del Sur Transport (2.8%) and Grupo Financiero Banco Galicia and BYMA (2.7%). Yet The most significant losses were Banco Macro (-2.5%),, Central Puerto Rico (-2%) and Valores SA (1.4%).

Economist Gustavo Blew Powell noted that he had held a "relic-rally" with Wall Street, indicating that he was "close to peace" because the Fed could hardly raise the bet several times after reaching 2.50% in December. "

It should be borne in mind that local financial markets will not be active in this week's G-20 summit in Buenos Aires.

At the same time, the main dollar bonds (pos-pos) in the fixed income segment worked in the positive region. Bonar was almost stable in 2024, while Bonar in 2020 was 0.55%, while the discount on Argentinean law increased by 0.3%.

Country risk

At first drilling is 700 altitude country risk Argentina broke this Wednesday decreased by 1.5% since the beginning of September.

Assessed by JP Morgan Bank reached 703 points, after reaching 714 on Tuesday.

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