Argentine bonds and stocks on Wall Street fall in the first negotiations this Wednesday after the ruling party asked that the Omnibus Law return to committee.
The market reaction to the setback of the mega reform package promoted by Javier Milei shows a drop in dollar bonds of up to 2.9% while peso bonds reach a red mark of up to 4.7%.
For their part, Argentine stocks on Wall Street also started to decline. Mercado Libre falls up to 3.6%, Globant 3.5% and Banco Supervielle up to 2%.
With this panorama, the Argentine president held those who voted against the Omnibus Law responsible. “Last night the caste celebrated. Today, good Argentines suffer the negative effects of their excesses and passion for living off of others,” he wrote on his X account (exTwitter).
“They are very similar to the beasts that celebrated the default in 2001/2. The Bases Law took the cover off the criminals who ruin the country,” he completed along with an image of today's premarket painting.
News that is in development.-