News of trading

Ex-Wall Street trader attempts distressed M&A turnarounds in Milei’s Argentina

06-04-2026 14:22 After years trading securities in New York, Esteban Nofal’s hunt for returns has brought him home to Argentina.

MARKETS

Argentine stocks are left behind as earnings growth eludes Milei

26-02-2026 13:42 Investors have lauded Milei for slashing fiscal spending and slowing Argentina’s rampant inflation, but those successes are yet to translate into a durable surge in profits.

ANALYSIS: SHOCK THERAPY

Lured by 38% rates, carry-trade investors pile into peso

29-01-2026 13:56 The carry trade – where investors borrow in dollars to buy the local currency – is in play.

BLOOMBERG

Milei carves path for savers to stop stashing cash under couches

31-12-2025 09:39 President Milei has convinced nearly 300,000 Argentines to declare over US$20 billion in a tax amnesty programme that established that deposits above US$100,000 had to remain untouched in bank or brokerage accounts until January 2026.

FREIGHT RAILWAYS

Grupo Mexico, major crop traders eye Milei rail privatisation in Argentina

20-11-2025 19:26 Upgrading the sprawling Belgrano Cargas network — which connects northern Argentina to Paraná ports — would help unlock extra soy and corn production and catalyse a slew of lithium and copper projects in the Andes.

POLITICS & ECONOMY

US lifeline buys Argentina time as investors urge overhaul

13-10-2025 14:58 US$20-billion lifeline will keep Javier Milei from being engulfed by a currency crisis in the run-up to key mid-term elections. The outlook after the vote is less clear.

BILATERAL BANK SPAT

Milei government accuses Chinese bank of driving peso drop

03-09-2025 23:15 Finance Secretary Pablo Quirno points finger at a Chinese bank – without naming it – by saying it deliberately pushed down the peso’s value in trading on Monday.

MONETARY POLICY

Banks face liquidity crunch as peso yields soar

22-07-2025 17:42 Interest rates on peso notes are soaring across the board, piling pressure on banks amid a liquidity crunch caused by government efforts to defend the local currency.

AGRICULTURE & ECONOMY

Crop traders rush to secure Argentine cargoes as Milei perk ends

27-06-2025 14:03 Agriculture traders rush to get crop shipments on the books before government's tariff relief expires next week.

BUSINESS & INVESTMENT

Globant suffers record intraday drop as tariffs dent earnings

17-05-2025 09:42 Globant shares plunged as much as 33% on Friday, the worst drop since the company went public in 2014, before paring some of those losses.

STOCK MARKET

Early election trade is brewing for Latin America investors

24-02-2025 12:03 Investors make early bets on a right-wing swing in Latin America's upcoming election cycle, remembering when President Javier Milei's win sparked one of the most profitable trades in emerging markets last year.

'Cryptogate' scandal

Milei 'cryptogate' probe delegated to prosecutor

21-02-2025 17:29 Prosecutor Eduardo Taiano to assemble evidence against President Javier Milei regarding his involvement in the $LIBRA cryptocurrency scandal.