- Home
- Argentina: how recent events shape the investment outlook
Argentina: how recent events shape the investment outlook
Friday 23 August 2019
Market News
Recent update on Argentina: Government’s decision to freeze energy prices and suspend VAT on certain products will complicate fiscal metrics. The country is likely to miss the IMF target of a primary balance for 2019. However, the IMF could disburse the September tranche of financial assistance, although conviction levels are low.
Credit rating downgrade: As expected, markets reacted negatively to this news. The focus now would be on government’s ability to roll over short-term USD and Argentina Peso (ARS) denominated loans.
Other news
Weekly Market Directions 29th April 2024
(Week 22 April – 26 April) In this edition of Amundi's Weekly Market Directions; Euro area: Worst over, slow recovery ahead
Weekly Market Directions 22nd April 2024
(Week 15 April – 19 April) In this edition of Amundi's Weekly Market Directions; Global growth forecast revised higher, again
GIV Infographic - April 2024
Global Investment Views.