2023-10-20 19:56:59
This Sunday will most likely define the future of the country for the next four years. That is why the market is preparing for the closing of the last round before the elections.
In this context, the team Channel E communicated with Santiago Llullexpert in markets, and with the economist Lucas Carattiniwho spoke about the market’s behavior in the last day ahead of the elections.
Last round before the elections
“The market has several components to analyze: oil is rising and it is noticeable“said Llull, who then completed: “Even the bonds are rising this day because they may think that there is a surprise on Sunday.”
“Everyone who invests in the market wants to anticipate what may happen”, detailed the expert. “We are seeing that the CCL is around $1010 and there is a lot of pressure on peso quotes to dollarize,” said Carattini.
Likewise, the economist said that the CEDEARs They have parity with the dollar, which is why many use it to hedge against a possible jump in the dollar. “Today the points of the future dollar are at 890 for December,” explained the market analyst.
Finally, Carattini explained that there is intervention by the Central Bank in the MEP. “There are not many bullets to be able to intervene because it is close to the limit established with the International Monetary Fund”he concluded.
1697832205
#market #closes #elections