Los Argentine currency, shares and bond markets They remain closed this Friday by an optional holiday for tourist purposes in which there will be no financial task. In that context, ADRS and the Argentine bonds that quote in the US are in activity and operate with profits this Friday, May 2.
In this context, sovereign bonds in dollars rise up to 0.4% andl risk country It remains practically stable at 741 basic points.
At the same time, Argentine shares advance up to 4.5%headed by bioceres, IRSA, (2.5%), Cresud (2.4%) and Pampa Energía (1.4%). Corrections belong to Grupo Financiero Galicia (-0.4%), Mercado Libre (-0.3%) and Banco Macro (-0.2%). The activity in general will resume on Monday at its usual schedules, after an inactivity that has come from Thursday with the holiday for the celebration of the “Workers’ Day”.
Despite the north wind, the ADRs and the bonds in dollars abroad – during the local holiday – they take a break, after the strong accumulated appreciations that arrived when continuing prevailing among investors the optimism of the hand of successive economic progress, “said operator Gustavo Ber in his latest report.
“It happens that advances in fiscal and monetary consolidation, which is combined with exchange release, including a welcome stage of greater exchange flotation that is being very well received and It is not altering the disinflation process. All this continues to accelerate the times towards economic standardization, which would derive soon in a strong country risk compression and access to international markets to boost a “debt” of debt, than combined with eventual “upgrades” future credit would result in better financing conditions, including lower rates, higher deadlines and a greater demand for “Real Money”, “Ber concluded.
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The ADRs bounce after a casualty on Thursday.
Amit
Wall Street extends profits after US employment data
The NYSE Open this Friday in green and its main index, Dow Jones rises 0.94 %, to 41,137 points, after the publication of the US employment data In April, better than expected by analysts.
For its part, the S&P500 also gains 0.88%, to 5,653 units; While the technological Nasdaq, advances 0.71%, to 17,836 points.
Unemployment in the United States of April remained at 4.2%, the same level as in March, with a stable creation of 177,000 new positions, according to the labor Statistics Center (BLS) on Friday. The employment gain is slightly above the average of the last 12 months and was mainly due to Hiring in the health sector, financial services, social assistance, transport and warehouses.
The data known today allow the Federal Reserve (FED), which meets next week to decide on the fees, keep the caution in the need to continue with the casualties of interest, since both prices and the labor market remain within the forecasts.
