News of trading

Liniers cattle market: last memory of a rural Buenos Aires

26-07-2021 08:00 Liniers cattle market prepares to close its doors, ahead of move to Cañuelas, after more than a century in Mataderos.

Bloomberg

Yields topping 14% lure investors to world’s best utility bond

14-07-2021 10:14 The world’s best performing utility bonds come from an unlikely corner of emerging markets – Argentina.

Cryptocurrencies

A crypto-revolution in Argentina

12-06-2021 00:17 Argentina’s economy is prime breeding ground for the crypto-world. And the populist promise of cheap energy here is a crypto-miner’s dream.

by Agustino Fontevecchia

Cryptocurrency

Bitcoin sinks and approaches US$30,000

08-06-2021 17:00 The price of bitcoin fell sharply on Tuesday by 8.6% to a value of $31,501, a level not seen since mid-May, dragging other cryptocurrencies in its wake.

CRYPTOCURRENCIES

Central Bank warns citizens of risks of cryptocurrencies

21-05-2021 13:35 Argentina, the land of currency crises, warns about crypto risks.

BLOOMBERG

Argentina’s peso mess is delivering windfall profits to brokers

14-04-2021 15:12 In Argentina, financial markets are all but dead. From stocks to bonds to traditional foreign-exchange venues, trading volumes are razor thin. Except, that is, in one unusual corner.

BLOOMBERG

Argentina bonds are trading as if the pandemic never happened

07-08-2020 12:34 Debt accord has left the bonds trading at pre-pandemic levels, even as the country lacks the outline of a credible economic plan to get itself out of the current deep crisis.

ECONOMIC INDICATORS

China overtook Brazil as Argentina's largest trading partner in April

04-06-2020 02:23 Argentina recorded a surplus of US$98 million with China in April, compared to a US$351 million deficit in the same month of the previous year, says CERA business chamber.

Bloomberg

Peso to weaken against dollar even more, says top forecaster

16-01-2020 07:44 Analyst predicts peso may reach 100 per greenback by end of the year – a 40 percent decline from the official rate now.

BLOOMBERG

Argentina’s banks cut trading desk jobs after market plunge

05-11-2019 10:17 Banks have been shrinking size of their trading desks in Argentina after the rout sparked by the August 11 PASO primary election.

EXCHANGE MARKETS

Tensions in exchange markets intensify ahead of election

24-10-2019 14:29 Peso selling at 62 per US dollar on official markets, reaching as high as 69 per greenback in Córdoba.

BLOOMBERG

Third Point blames Argentina bet for biggest third-quarter loss

24-10-2019 12:27 Hedge fund says it miscalculated and failed "to anticipate the extent of Macri’s loss in the primary election."

ELECTION 2019

Fernández tells Argentines he will protect their savings and dollar deposits

23-10-2019 13:53 Presidential frontrunner asks markets and Argentina to "be calm," promising not to raid personal savings should financial turbulence hit country post-election.

BLOOMBERG

Once-bitten Argentine investors aim to avoid panic on Sunday

23-10-2019 11:33 A victory by Alberto Fernández this weekend would leave investors in a holding pattern as they await clarity on his policies and a the appointment of a cabinet.

BLOOMBERG

Stock and bond trading decimated in once red-hot Argentina

07-10-2019 16:59 Assets under management at local banks and brokerages have plummeted 25% since the primaries. Stock trading has fallen by half, and local bond volume is down by two-thirds.