About That Argentine Peso: One Bank Says It's Too Risky to Short
About That Argentine Peso: One Bank Says It's Too Risky to Short
Just how risky is it to trade the Argentine peso these days? One bank says it’s so dangerous that investors shouldn’t even bet against it.
Bloomberg
Bloomberg
Argentine Peso Heads For Worst Week Since 2015 After IMF Meeting
Argentine Peso Heads For Worst Week Since 2015 After IMF Meeting
The Argentine peso headed for its worst week since December 2015 after the International Monetary Fund said it wants to conclude talks on a possible credit line as soon as possible.
Bloomberg
Bloomberg
Argentine Peso Risks 'Disorder' If Rollover Fails, JPMorgan Says
Argentine Peso Risks 'Disorder' If Rollover Fails, JPMorgan Says
The Argentine peso may face “disorder” next week if the nation’s central bank struggles to roll over about $30 billion of short-term notes set to expire, JPMorgan Chase & Co. said.
Bloomberg
Bloomberg
Emerging-Market Gains Leave Argentina, Turkey Behind: EM Review
After erasing this year’s advance, emerging-market currencies ended the week in the green as U.S. inflation data reduced pressure on the Federal Reserve to step up monetary tightening. The rout hasn’t eased for the Argentine peso and the Turkish lira, which tumbled as authorities struggle to stem losses.
Bloomberg
Bloomberg
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Philippine Growth Quickens to 6.8%, Adding to Rate Hike Call
Philippine economic growth quickened to 6.8 percent last quarter as government spending surged, adding pressure on the central bank to raise interest rates to curb inflation. The peso and stocks rose.
Bloomberg
Bloomberg
IMF Seeks `Rapid Conclusion' With Argentina Amid Credit Talk
The International Monetary Fund’s Christine Lagarde said the lender is seeking a rapid resolution for talks with Argentina over the establishment of a credit line that will help restore confidence in the country’s economy.
Bloomberg
Bloomberg