Canada's main stock index rose on Friday to round out a positive holiday-shortened week, with nine of 10 major sectors participating as investors looked ahead to a potentially volatile year for the market.
Analysts at JPMorgan suggested on Friday that investors buy shares of Argentine state-run oil firm YPF, according to a note to clients, as they voiced broader optimism about the energy industry in the South American country.
Argentina paid international bondholders before a Thursday deadline, marking another step in President Javier Milei’s efforts to restore investors’ confidence in the serial defaulter.
Argentina's economy is seen expanding by 4.5% in 2025 while the country's inflation rate is estimated to end this year at 25.9%, according to the average forecast of analysts surveyed by the central bank's market expectations survey published on Tuesday.
A seemingly all-powerful Javier Milei has taken Argentina, and a great part of the world, by storm.
According to the Financial Times, this growth would only bring GDP per capita back to its 2021 level, so Argentina still has a long road ahead. Nevertheless, the strong rebound in the face of steep austerity, coupled with a rapidly improving inflation environment, is a significant milestone.
Argentine President Javier Milei recently completed a year in office. Milei’s tenure has been a mixed bag so far. Milei, who supports minimal or no government interference in economic matters, began his tenure when Argentina was going through its worst economic crisis in at least two decades.
The Global X MSCI Argentina ETF provides targeted exposure to the rapidly evolving Argentine economy. Read more here.
Argentina's closely-watched country risk index fell sharply on Tuesday to its lowest level since May 2018, according to traders, reflecting investor confidence in the South American country's assets.
Argentines have become experts at ascribing outsized importance to their country and its socio-cultural figures, from football players to politicians.
YPF (YPF) hits new 52-week high after J.P. Morgan upgrades, citing growth opportunities in Argentina's energy industry.
The nation’s government has lifted a more than 15-year-long ban on exporting ferrous and nonferrous scrap. The government of Argentinian president Javier Milei, considered to have been elected for his vows to deregulate numerous aspects of life and commerce in that nation, reportedly has ended a 16-year ban on the export of scrap metals.