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Deutsche: Yield Up/Equities Down Episodes Boost USD

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  • Argentina Foreign Minister Santiago Cafiero is en route to Washington to meet U.S. Secretary of State Antony Blinken on Tuesday.
  • Separately, headlines just out:
  • Argentina cenbank cuts 7-day repo rate to 34% from 36.5% (BBG)
  • Argentina cenbank cuts rate as part of 7-day repo phase-out (BBG)
    • As a reminder the central bank announced a series of technical measures on Jan 6 amid their interest rate increase. This included the progressive elimination of 7-day repo notes.
MNI London Bureau | +44 020 3983 7893 |
MNI London Bureau | +44 020 3983 7893 |

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