He explained that the traded volume in futures was record since mid -2022 and the open interest grew by almost US $ 900 sticks in a single wheel (only in the December contract the open interest increased almost US $ 500 sticks). However, another vigilante said that leaving Vanoli management outside, what was seen in the week was the fourth wheel with the greatest increase in open interest in the last 10 years, and what caught the most attention were the important amounts for long installments that would validate the hypothesis that it was official intervention.
And speaking of the IMF, in a financial bunker the “researches” realized that according to the Degs stock that Argentina had at the end of last month of the order of US $ 750 million, according to the fund, the disbursement turned from Washington It was then completely in dollars, a no less fact because it injected more liquidity into the gross reserves of the BCRA.
How could it be otherwise, the new papacy was a topic to loosen financial tension and a bond operator, whose hobby is the story, he told colleagues that the first lion, the big one (5th century) was the one who stopped neither more nor less than the terrifying leader of the Hunos, Atila, at the gates of Rome. There is no record of what they talked, but the truth is that after talking with Pope Leo I, the Great, Atila turned around and marched from Rome without looting her. All this immortalized in a painting by Rafael in the Vatican. We will see what type of lion until yesterday cardinal Robert Francis Prevost.
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AP
Very lively was the Forum Buenos Aires del Emta in La Rural where a hundred professionals in the financial sector participated in the debates about the different challenges of the external and local market between Paula Gandara (ADCAP), Erick Pastrana (Fitch), Pedro Cavallo (Schroders), Ramiro Blazquez Giomi (Stonex) and Juan Miguel Salerno (VC VCI Vinci Compass). In the Coffee-Broak, bad comments were heard about the apparent New bleachingfrom which low expectations are perched, moreover, a manager even ironized that the next idea of the “Toto” Caputo will be encouraging people to get the gold from the mattress, referring to the vú of those who now save in gold.
The clean file brulote did not escape the run-run of the market and in the vicinity of the EMTA event two political scientists with arrival at the ruling He aim to climb Cristina Kirchner to the electoral ring at the national level, because she with a clean file could the same could compete at the provincial levelnow you can do it where you want. They explained that for the government it was an asset that Cristina participates in the elections.
That is why they now understand that the government moved as an enemy and instead of talking about the “caste” rammed against journalism, almost a tracing of Trump’s strategy in the US, because he could not fustigate the “political caste” when he was negotiating to break down the clean card project. They also put repairs to the official strategy of wanting phagocyte the probecause they believe that the political effect of a Peronist-Kirchnerist triumph in Buenos Aires and Caba is underestimating, something that worries investors. In this regard, as he shared comments that had made contacts in the DC, In the US they consider that Trump already gave the libertarian friend more, now the ball is in the hands of Milei, better than harvest fruits.
-In another financial redoubt more linked to European tables, they departed on the “carry”but the carry seriously, globally. These experts see that the short net positions in dollars have decreased, driven by an increase in long positions (the market anticipated that the Fed was not going to make changes) while the long net positions in euros increased, driven by a decrease in short positions (the market is evaluating the possibility that the monetary flexibility of the ECB has to extend even more given the impact of the tariffs).
LIVING FINANCE MARKETS ACTIONS BAGS INVESTMENTS
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The long net positions in pounds sterling also increased per second consecutive week, driven by a decrease in short positions as well as the long net positions in yen for the fourth consecutive week (the YIn has benefited from the safe refuge flows since April 2 and was the second divisa of the G10 with the best performance in April).
A Contracting, the short positions in Swiss francs decreased for the fourth consecutive week, driven by a decrease in short positions (the Swiss Franco has also benefited from the safe refuge flows and it was the g10 currency with the best performance in April, although it is no longer the diviss of the G10 with the best performance so far this year, surpassed by the Swedish crown).
Experts consider that the lack of currency carry yield means that the appetite for the risk has touched the bottom and has not recovered. They believe that the main reason is that investors do not foresee a recovery in yields, while the global risk environment remains moderate due to the continuous volatility of US commercial policy.
In order for the “Carry Trade” operations to recover, explained the main bunker operator, it is necessary to buy high performance bonds and sell low performance bonds.
And speaking of the Gold feveranother operator contributed a surprising fact: although the price of precious metal exceeds that of Bitcoin so far this year, this has not dissuaded investors to put new money in the queen crypto, and thus entries to the ETF funds of Bitcoin have exceeded tickets into the Golden ETFs.
