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March Economic Activity, April Trade Data Expected

ARGENTINA
  • 10am local time: Argentina will sell liquidity Treasury notes, discount notes, a basket for CPI-linked notes, dollar-linked bonds, CPI-linked bonds and peso bonds in an auction through 3pm.
  • Argentina in Talks With Chile, Bolivia for Lithium Cooperation (BBG)
    • “Of course, we’re talking with Chile, we’re talking with Bolivia to further develop projects” in lithium, Argentina Mining Undersecretary Fernanda Avila says in an interview with Bloomberg TV’s Shery Ahn.
  • On the data calendar:
    • 2000BST/1500ET: April Trade Balance, est. $400m, prior $279m
    • 2000BST/1500ET: March Economic Activity Index YoY, est. 6.2%, prior 9.1%; MoM est. -0.3%, prior 1.8%

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