Merval heads north amid Argentina settlement talk

Merval heads north amid Argentina settlement talk

Bonds

Argentina’s stock exchanged rallied on Thursday as local media reported that a settlement was being negotiated with holdouts. The Merval stock index rallied 4.55% on Thursday to reach 8,699, beating recent highs recorded in early June and continuing a prolonged upward trend. Bulltick analysts attributed Thursday’s rise to anticipation of a positive resolution to talks with holdouts. The rumors, which were not confirmed, indicated the sovereign would settle holdouts’ claims with bridge notes unti

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