Bonds sink and the dollar rises: 4 keys to understanding why the reduction of the Omnibus law fell badly in the market. Bonds and stocks collapsed before the official opening of the Stock Market.
The blue dollar rises 3.5%, but remains below the MEP. The fall of the law by decision of the ruling party and the posts from the Office of the President show a decision to extreme political tension. The path looks dangerous given the political configuration chosen by society in 2023. The weakness that Argentine assets show this Wednesday coincides with the uncertainty that has been generated in global stock markets.