Marche-les-Dames: a barge sank in the Meuse following a loading of gravel (photo)

“Sagrex in Marche-les-Dames: a boat sinks in the Meuse while being loaded”, reported to us in the early afternoon a person via the orange button Alert us, photo in support. While loading gravel there, a barge sank in the Meuse, Wednesday afternoon in Marche-les-Dames, say the firefighters, confirming information from several media. Fuel oil was … Read more

Dollar bonds sank up to 9% and country risk exceeds 4,000 points

Simultaneously, the country risk measured by the JP Morgan bank, increases 1.6% and exceeds 4,000 points, reaching 4,051 units, compared to 1,770 points scored at the end of 2019. The National Securities Commission (CNV) ordered that the Mutual Investment Funds (FCI) in pesos must invest at least 75% of their assets in financial instruments and … Read more

Country risk rebounded more than 5%, bonds fell to 7.7% and ADRs sank to 9%

The index produced by the J.P. Morgan advanced 188 points to 3,617 units, while like public securities, Argentine stocks on Wall Street closed with declines of almost 8.8% (BBVA). On Monday, at least three groups of bondholders reported that they could not support the offer made by Argentina and asked to continue negotiating, but asked … Read more

Country risk rebounded more than 7%, bonds fell to 7.7% and ADRs sank to 9%

The index produced by the J.P. Morgan rose 7.3% to 3,679 units, while like public securities, Argentine stocks on Wall Street closed with declines of almost 8.8% (BBVA). On Monday, at least three groups of bondholders reported that they could not support the offer made by Argentina and asked to continue negotiating, but asked to … Read more

The S&P Merval sank more than 6% dragged down by the fall of the CCL dollar

The most notorious falls of the day were suffered by the papers of Telecom Argentina (-10.6%); of Transportadora de Gas del Sur (-10.5%); and of YPF (-8.7%). The volume traded in equities was $ 1,956 million, where Cedears’ operations represented almost 50% of the total traded. Basically the abrupt retreat of BYMA’s leading panel was … Read more

Oil sank more than 10% to almost $ 20 in New York

WTI barrel for June delivery it lost 10.3% of its value, to settle at US $ 20.11. While, the North Sea barrel of Brent for delivery in May fell 6.7% to US $ 29.60. Oil demand plummeted by around 30% around the world several weeks ago, causing refineries and producers to be suddenly flooded with … Read more

Argentine shares sank up to 10% on Wall Street and the country risk jumped more than 100 points

Greater prudence from the north, after the technical rebound in recent weeks, had an impact on the Argentine ADRs that accompanied with important falls, due to the fact that have been showing a greater correlation with global risk appetite, and they must also carry growing concerns regarding the severe economic damage caused by the health … Read more

Oil sank almost 8% in the US due to slumping demand

The WTI barrel for delivery in May ended at $ 22.60, 7.7% under Wednesday closing. The North Sea Brent for May delivery closed at $ 26.34 a barrel in London, down 3.8%. Since the beginning of the year, the two reference barrels lost more than 60% of their value. Crude fell this Thursday by a … Read more