EZB8RISK / Market Briefing

Argentina's markets wrapped up a difficult September, with the local stock index under pressure as the rally narrowed to oil-related shares while the broader economy shows signs of

Argentina's markets wrapped up a difficult September, with the local stock index under pressure as the rally narrowed to oil-related shares while the broader economy shows signs of slowing. There are some bright spots on the trade front: Japan reopened its market to Argentine beef after two decades, and the government raised the limit on foreign land purchases, both supportive for export and investment flows. Bonds bounced and country risk eased somewhat, though the overall tone remains cautious heading into October.

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