News of markets

Peso to get boost from post-election debt sales rush

Yesterday 17:10 Argentine provinces and companies are lining up to tap global markets in the next few weeks, opening a window of debt sales.

MARKET REACTION

Merval surge, peso rebound against dollar – Markets cheer Milei's midterms triumph

27-10-2025 13:08 Stocks up over 20% on Milei midterm victory; Merval index up trading and peso appreciates 9.5% against the dollar in early trading in Buenos Aires; 10-year bond yields tumble.

MARKET REACTION

Argentina bonds surge after Milei midterm win

27-10-2025 09:19 Dollar bonds soar on Milei's strong showing in midterms; Peso was already posting gains in the crypto market Sunday as the results were announced.

MARKETS

Argentina investors poised for rally after Milei election win

27-10-2025 00:00 Assets set for rally on Monday morning; Results should also help ease doubts on whether Argentina will continue to receive crucial support from the United States.

Analysing Argentina

The midterms are over – can Milei reinvent himself?

25-10-2025 06:17 For more than a year, Milei invested too much energy and resources in an election that was not structurally designed to change much of his future. He only seems to have come to understand that in recent weeks, when it became clear that La Libertad Avanza will not turn into a hegemonic force overnight.

by Marcelo J. García

MARKETS

Wall Street is wary of being burned by the ‘Milei trade’ again

24-10-2025 15:22 Global investors engaged in the "Milei trade" are bracing for another potential hit in the wake of this Sunday's legislative elections.

CURRENCY WOES

US Treasury sells dollars to keep peso within Argentina FX band

21-10-2025 16:41 US Treasury’s efforts to shore up Argentina’s currency are part of a broader effort to stabilise the economy before President Javier Milei’s party faces midterm elections.

ECONOMY – ANALYSIS

US backing won’t save Argentina without policy shift, economists warn

20-10-2025 22:58 Financial support from the United States government won’t be sufficient alone for Argentina, warn experts; Milei administration must change monetary policy if it is to stabilise finances long-term, they believe.

by Santiago del Carril

MARKETS & FX

Peso slumps as US fails to dispel devaluation fear

17-10-2025 11:52 US Treasury Secretary Scott Bessent announces that the United States bought the currency Thursday on the parallel exchange rate known among investors as the “blue chip swap.”

ANALYSIS

Argentines dump the peso, betting US rescue is doomed to fail

16-10-2025 19:05 Argentines are convinced that even a flood of cash from the United States won’t be able to stop another painful devaluation of the peso.

MARKETS

Argentine assets swing on reports Bessent lining up more aid

15-10-2025 22:19 Markets react to news that US Treasury Secretary Scott Bessent is working on an additional US$20-billion facility from the private sector that would complement a currency swap line of similar size.

POLITICS & ECONOMY

Trump says ‘we’re gone’ if Milei loses vote, rattling market

14-10-2025 22:17 Donald Trump suggests US$20-billion lifeline for Argentina could be contingent on Javier Milei’s success in midterm elections, sending fresh jitters through currency market.

CURRENCY TURBULENCE

Argentine rates exceed 80% as peso crisis sparks cash crunch

09-10-2025 13:06 Short-term interest rates soar as the Milei government steps up efforts to defend the peso.

Currency woes

Milei’s dollar sales bolster the peso but stoke devaluation bets

08-10-2025 16:33 Investors are betting that President Javier Milei will devalue the peso after midterm elections this month.

BONDS & MARKETS

Locals fuel Argentine bond swings as Bessent stokes chaos

03-10-2025 17:38 Volatility soared in the past few weeks as Argentina slipped back toward a currency crisis.

CURRENCY TURBULENCE

Milei’s government sells dollars as peso starts to sink again

30-09-2025 21:06 Currency fell more than 6% Tuesday, biggest intraday drop since September 8,

MARKETS

Milei’s financing assurances briefly lift bonds, peso

30-09-2025 14:03 President says Argentina has secured financing through the end of next year and is working on longer term plans, giving a brief boost to the nation’s assets.

POLITICS – ANALYSIS

Milei: From rockstar to beggar

27-09-2025 06:05 Milei has gone from international political rockstar to beggar in less than two years, following a similar trajectory to Mauricio Macri – only that the latter got bailed out after winning the midterm elections.

by Agustino Fontevecchia

INTERVENTION

Central Bank steps up defence of peso as assets slide

18-09-2025 16:55 Thursday’s intervention is estimated by traders to be close US$350 million, the people said, compared to US$53 million sold the day before.

ANALYSIS: SHOCK THERAPY

Argentina’s brokers see their losses mount as Milei bet fades

18-09-2025 15:33 Economic woes are deflating hopes for a boom in Argentina’s capital markets, weighing on small brokerage firms that had bet on a revival.

BONDS & MARKETS

Argentine assets rebound as Milei strikes more moderate tone

16-09-2025 16:28 Dollar bonds recovering from week-long rout after President Milei struck more conciliatory tone in budget speech.

BONDS & MARKETS

Foreign investors with Argentina FOMO pile into Brazil stocks

16-09-2025 11:35 Afraid of missing out on an Argentina-like rally, investors are piling into Brazil on bets that a business-friendly candidate will win next year’s election.

ECONOMY – ANALYSIS

Argentina let peso plunge and then stepped in to contain losses

12-09-2025 11:13 Milei administration allowed peso to weaken this week, while simultaneously moving to prevent the rush out of the currency from turning into a stampede.

ANALYSIS: SHOCK THERAPY

Axel fuels investor fear after Milei’s big loss

10-09-2025 13:14 For investors, the anti-Milei has emerged – and he is worsening market jitters in Argentina.

POLITICS & ECONOMY

‘Not a millimetre’: Milei vows no shift in policy as IMF offers support

10-09-2025 11:00 Following damaging electoral defeat and resulting market jitters, President insists his economic reform plan will continue unchanged.

ELECTION 2025: Buenos Aires Province

Peso, stocks fall – markets react to Buenos Aires Province vote

08-09-2025 14:10 Argentine stocks crash, peso slumps and country risk rating soars after Peronist victory in Buenos Aires Province.

ELECTION 2025: Buenos Aires Province

Assets plunge as Buenos Aires Province voters rebuke Milei

08-09-2025 13:21 Argentina’s currency, bonds and stocks plunge after President Javier Milei’s party suffered a landslide defeat in key Buenos Aires Province election.

ELECTIONS 2025: BUENOS AIRES PROVINCE

Milei targets Peronist heartland in high-stakes vote

05-09-2025 09:11 President Javier Milei is fighting to keep his libertarian revolution alive in the highest-stakes election since he took office.

BONDS & MARKETS

Buenos Aires City, Santa Fe Province weigh bond sales before midterms

03-09-2025 23:28 Buenos Aires City and Santa Fe Province are weighing international bond sales before the October midterms.

BONDS & MARKETS

Vontobel, Neuberger see opportunity in Argentina local bond rout

11-08-2025 15:44 Money managers are piling into Argentina’s local markets, seizing on the steep sell-off in the peso and domestic bonds.

DEBT & BONDS

Bank of China, JPMorgan among banks in US$2-billion repo

11-06-2025 21:49 Milei administration reaches agreement with seven private banks on a repurchase agreement of US$2 billion.

CENTRAL BANK MANOUEVRES

Argentina bonds rise on new measures to lure dollars

10-06-2025 20:46 Central Bank unveils a slew of measures aimed at helping the nation amass more hard-currency reserves.

BACK TO MARKETS

Caputo confirms first peso-denominated debt sale in nearly a decade

27-05-2025 09:52 Argentina unveils first sale of peso-denominated debt in nearly a decade – a high-stakes test of international investor confidence.

MARKETS & BONDS

Argentina claims return to global markets with peso bond sale

26-05-2025 20:51 Argentina’s government will issue a five-year bond denominated in pesos that’s aimed at international investors who are allowed to purchase it in US dollars.

BUSINESS & INVESTMENT

Globant suffers record intraday drop as tariffs dent earnings

17-05-2025 09:42 Globant shares plunged as much as 33% on Friday, the worst drop since the company went public in 2014, before paring some of those losses.

BONDS & MARKETS

Argentina debt upgraded by Fitch in fresh boost for Milei

12-05-2025 17:23 Argentina’s credit score was raised by Fitch Ratings in a boost for President Javier Milei's government.

ECONOMIC CHANGES

Peso slides, bonds jump after FX rules lifted

14-04-2025 13:46 Argentina’s sovereign debt climbed Monday while the peso slipped after the country lifted most of its currency-market restrictions.

BLOOMBERG

AySA's bond rally faces key privatisation test

27-03-2025 17:45 Debt holders of state-owned water and sewage company AySA are reaping a windfall after President Javier Milei scrapped some price controls for public utility services.

MARKET VIEW

Goldman says end of Argentina FX controls key to reviving IPOs

25-03-2025 12:20 President Milei needs to start getting rid of capital and currency controls to lure equity investors, according to Goldman Sachs.

DEBT & MARKETS

Argentina waiting on yields to fall below 10% before debt market return

20-03-2025 12:26 Argentina is waiting for yields on its sovereign bonds to edge below 10% before exploring return to international capital markets, says government official.

BUSINESS & MARKETS

MercadoLibre shares rally after record quarter of profit

20-02-2025 23:55 MercadoLibre stock jumped as much as 14% in after-hours trading after Latin American e-commerce and fintech giant’s profit far surpassed estimates.

BONDS & MARKETS

Milei celebrates as Argentina pays US$4.3B to bondholders

09-01-2025 13:07 "Debts must be paid," declares President Javier Milei as Treasury makes first due bond repayments of 2025, amounting to US$4.341 billion in principal and interest.

TURBULENCE IN BRAZIL

Brazil market rout risks a crisis as Lula resists austerity push

19-12-2024 08:25 As the currency craters in Brazil, thrusting the country’s markets into the international spotlight for the first time in years, a grim reality is setting in for top economic aides to President Luiz Inácio Lula da Silva. They are, they fear, powerless to do much to stop the panic.

Investing in Argentina

Milei touts US$50 billion from investors eyeing 30-year loopholes

02-12-2024 13:04 Argentina has abundant natural resources and legions of well-educated workers. But it struggles to attract investors because its politicians have a habit of changing the rules on a whim.

MARKETS

Milei’s turnaround effort wins Argentine credit upgrade from Fitch

15-11-2024 22:05 Argentina’s credit rating was raised two notches by Fitch Ratings to 'CC.'

MARKETS

Wall Street skips Argentina bond and M&A rally loved by locals

13-11-2024 14:34 Government bonds are up 151% since Javier Milei won last year’s presidential election, but the foreign share of holdings is down.

MARKETS

Argentine debt rises out of distress territory on Milei reforms

28-10-2024 11:36 Prices for some of Argentina’s sovereign notes have soared to their highest levels since they were issued in a 2020 restructuring.

ECONOMY & POLITICS

Banco de la Nación wants to sell debt after a 30-year hiatus

09-10-2024 12:11 Daniel Tillard, the new head of Argentina’s largest bank, wants state-run Banco de la Nación to re-enter international capital markets for the first time in three decades.

ECONOMY – ANALYSIS

Pimco, Barings question how soon Argentina can sell bonds again

08-10-2024 13:04 Economy Minister Luis Caputo told investors recently that the government expects to sell bonds abroad again by January 2026. For asset managers, however, that's a long shot.