Argentina's July activity data came in weaker than expected, with the year-over-year drop and monthly decline reinforcing the slowdown narrative that's been weighing on sentiment.
Argentina's July activity data came in weaker than expected, with the year-over-year drop and monthly decline reinforcing the slowdown narrative that's been weighing on sentiment. Local reports describe growing concern inside the government about the need for a policy response, and officials are reportedly preparing a dollar-demand contingency plan ahead of 2027. Argentina-linked assets stay in a cautious mood as investors watch whether the recession risk firms up ahead of elections.
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