Home » : “Markets React Positively to Milei’s Speech: Argentine Stocks Rise and Country Risk Falls”

: “Markets React Positively to Milei’s Speech: Argentine Stocks Rise and Country Risk Falls”

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: “Markets React Positively to Milei’s Speech: Argentine Stocks Rise and Country Risk Falls”

After Milei’s speech, Argentine stocks saw a notable increase and country risk fell significantly. All dollar prices also experienced a decline, and tension in the futures market dissipated. Bonds soared, causing country risk to plummet to a minimum of almost 30 months.

The “May Pact” resulted in Argentine companies on Wall Street jumping by more than 5%, while bonds continued to see improvements following President Clarín’s announcement. The market responded positively, with stocks rising and country risk falling on the first day of trading after the speech by Javier Milei.

Investors appear to be optimistic about the direction of the economy following these developments, and the overall sentiment in the market has improved. The impact of Milei’s speech has been felt across various sectors, leading to positive movements in stock prices and bonds. It remains to be seen how this momentum will continue in the coming days, but for now, the market seems to be responding positively to the recent events.

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