Mild reaction of the Argentine bonds and actions that quote on Wall Street in the prior to Trump’s ads

Among the ADR, the highest decline is exhibited by Pampa Energía with a drop of 1.8%, followed by Edenor that yields 1.6%and YPF and Supervielle Bank that lose 1.7%. Instead Globant rises 1.8%.

Among the Argentine bonds in dollars the green prevails with minimal movements: the Al29 improves 0.15% and the 0.07%. The change loses 0.18%.

The holiday brought a respite for local markets, which came in recent weeks beaten by uncertainty around the conditions of the agreement with the Monetary Fund and how it will move from now on more the exchange rate.

Already on Tuesday a relief had registered, after the director of the IMF, Kristalina Georgieva confimed that there will be a first outlay for Argentina by US $ 8,000 million.

With a more favorable climate, the Central Bank interrupted a seller cycle that carried eleven wheels and managed to buy US $ 53 million. The Merval rose 0.8% and the financial dollars showed small casualties.

This allowed a recovery after black Monday with which the week started, when All local indicators sank Amid the global tension for expectations about the impact of tariffs that Donald Trump will announce this afternoon.

“Waiting for Trump’s words in the afternoon, Wall Street travels the most inclined wheel to caution, which infects domestic assets since beyond the positive recent signals on the agreement with the IMF, definitions about the exchange regime are still expected, “said economist Gustavo Ber. –

“Hence the main ADRs the moment return 0.5%in dollars on an average greater weakness that bank and energy papers exhibitS, every time they have been gaining correlation with the external climate and so they are hostages of global volatility, “he added.

Ber stressed that “the bonds are also more lazy and yield an average of 0.2% in their dollar contributions among the main references, given that the Operators are still more defensive And that is why arbitrations privilege towards shorter titles of the Bopreal curve. ”

Wall Street opened this Wednesday in red while the market prepares for the implementation of tariffs on products from different business countries of the United States, a day to which the US president, Donald Trump, baptized as “Liberation Day. “However, near was clarifying those losses and now the main indicators are upwards. The Nasdaq technological rises 0.3%, as well as the S&P 500 and the Dow Jones de Industriales advance 0.2%.

In other marketsTexas oil dropped to $ 70.91 a barrel and, at the opening of the bag, the 10 -year bonus yield dropped to 4.133 %; While the gold rose to $ 3.159 the ounce and the euro gained value against the dollar, placing the exchange rate in 1,0816.

Trump will announce his tariffs, which he calls “reciprocal”, this Wednesday after closing the New York bag (16:00 local time, 17:00 in Argentina) at the White House, in an event baptized as ‘Make America Wealthy Again’ (‘Make the US rich again‘).

According to the EFE agency, Trump has said that he will not bet on a tariff package too aggressive, but The possibility that a generalized tax of 20% is imposed generates great concern in the markets, since it would be the most aggressive action in the framework of the commercial war initiated by Washington.