Tag: markets

• Wednesday, September 11th 2019 - 09:57 UTC

  The balancing act of Alberto Fernandez between populism and free market reforms

  

  Argentina's presidential front-runner Alberto Fernandez is on a tightrope between the interventionist policies of his better-known running mate Cristina Fernandez de Kirchner and the stumbling free-market reforms of incumbent Mauricio Macri.

• Monday, September 9th 2019 - 09:16 UTC

  China beginning to feel the pinch of the trade war with US

  

  China's exports fell by 1.0 per cent on-year in August, official data showed Sunday amid a bruising trade war with the US that has roiled markets in the world's top two economies. The drop comes after a surprise 3.3% rebound in July despite the yearlong battle with Washington and weakening global demand.

• Friday, August 23rd 2019 - 09:54 UTC

  Opposition candidate pledges to respect Argentina's debts and rejects defaulting

  

  Argentine presidential candidate Alberto Fernández said on Thursday that no one wants a default for the country and he's ruling it out if elected. The center-left candidate appeared to be trying to calm investors who reacted to his strong finish against conservative President Mauricio Macri in an initial round of voting by battering Argentina's stocks and currency.

• Thursday, May 23rd 2019 - 09:57 UTC

  Markets in the red on Wednesday over concerns with China-US trade dispute

  

  US stocks fell back into the red on Wednesday, putting equities down for three of the last four sessions as investors reacted to reports of possible new US-China trade frictions.

• Thursday, May 9th 2019 - 08:26 UTC

  Brazil's economy on an extremely slow start in the second quarter

  

  Brazil's economy got off to an extremely slow start in the second quarter, figures released showed, with activity in the all-important services sector contracting in April for the first time since September last year.

• Thursday, April 25th 2019 - 21:48 UTC

  Economic collapse in Argentina worsens in a volatile day: Macri blames uncertainty

  

  Argentina lived on Thursday another day in which the dollar rebounded and the country risk exceeded 1000 points. President Mauricio Macri criticized the “short-term” view of the markets and the Central Bank (BCRA) had to intervene by positioning the interest rate at 70% and diverting the futures market to contain the demand on the currency, preventing it from reaching the maximum accorded of 51.45 pesos.

• Monday, April 8th 2019 - 08:51 UTC

  China and EU meeting to address trade, markets and Beijing control of strategic industries

  

  China wants to work with the European Union on issues from climate change to trade, Premier Li Keqiang wrote in a German newspaper before a summit this week aimed at cementing ties.

• Wednesday, March 27th 2019 - 08:23 UTC

  Brazilian pensions reform stumbles with first challenges; markets remain volatile

  

  Brazil's pension reform process hit two speed bumps on Tuesday, as Economy Minister Paulo Guedes did not attend a first congressional hearing on the proposals and a bloc of eleven political parties demanded the removal of changes affecting retirement benefits for rural and disabled workers.

• Saturday, March 23rd 2019 - 09:09 UTC

  UK and US markets tumble on fears of a global slowdown

  

  Markets in the UK and US have tumbled with analysts attributing the drop to growing fears of a global slowdown. The FTSE 100 saw its worst day of trading this year, closing 2% lower. In the US, the three main indexes ended between 1.9% and 2.5% lower.

• Thursday, March 7th 2019 - 09:53 UTC

  Argentina and Brazil markets open Wednesday with steep losses

  

  Latin American stocks hovered near 2019 lows on Wednesday led by steep losses in Argentina and Brazil which resumed trading after a two-day Carnival holiday, while currencies of oil exporters in the region fell as crude prices came under pressure. MSCI's index of Latin American stocks fell 1.3%, tracking losses across the region, barring Chile and Colombia which ended higher.