The market is cautiously awaiting the decision of the US financial authority, amid greater inflationary pressure
The new Fed decision regarding the reference rates of the United States economy concerned global investors and all three major stock indices on Wall Street are moving in red Past noon.
the technological nasdaq is the hardest hit, and lose 1.4%; while the S&P 500 lost half a point and the Dow Jones was 0.16%.
Uncertainty weighs on Argentine stocks listed in New York, especially those in the technology segment: Mercado Libre’s role dropped 6.5%; while the Globant and Tangalin they lost 6.4% and 4.6% respectively.
statement by Jerome Powell
Santiago Abdala from PPI said: “The market expects a increase by half a point of the reference rate and it explains the different interpretations made by this variable in the US. Meanwhile, in itself, everything goes through the perception of risk and a general framework of selling the asset in emerging markets, which transcending the idiosyncrasy of Argentina“.
the blue dollar has fallen
In the exchange plan, the free dollar fell two pesos and reached $ 202. Cash with liquidation also shows this downward trend, yielding 0.8% and running at $ 207.
Conversely, the MEP dollarsthe only exchange rate that can be accessed legally and virtually without restrictions, notes slight increase of 0.2% and stands at $ 206.15.
Cash with liquidation thus marks a new downward cycle, in conjunction with the movements of other currencies in Latin America.
“Both the Brazilian real, which closed again below 5 reais per dollar, as well as the Chilean peso and the Colombian peso were valued against the dollar,” Delphos analysts said.
Conversely, dollar bonds rose and the country’s risk adjusted to 1,788 points.
Source: Clarin
