Argentina-linked assets stayed weak to start the week, with recession fears keeping pressure on local equities and the peso after a sharp July drop in activity. The Treasury still
Argentina-linked assets stayed weak to start the week, with recession fears keeping pressure on local equities and the peso after a sharp July drop in activity. The Treasury still placed the equivalent of several billion dollars in a debt auction, showing domestic funding channels remain open even as sentiment sours. Political noise is adding to the mix, with a government confidence reading at a term low and a diplomatic spat with the UK over an offshore oil project drawing headlines ahead of elections.
Sources
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