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Summary 2/2 - USDCLP Opens Beneath Support, Argentina Unemployment

LATAM

CHILE - The first plane with 20,000 doses to arrive this month, Chile President Piñera said in a televised speech Wednesday.

  • The goal is to vaccinate the population most at risk in 1Q 2021
  • Target population is 15m people

USDCLP opening sub 730 (Down 0.8%) as it digests the moves from overnight. After three days of largely sideways trading, the next leg lower seems to be likely and would target our three notable levels:

  • SUP 1: 720.79 1.00 proj of Oct 15 - Nov 9 - Nov 24 swing
  • SUP 2: 707.52 1.236 proj of Oct 15 - Nov 9 - Nov 24 swing
  • SUP 3: 702.06 76.4% of the Feb 2019 - Mar 2020 rally

PERU - 0915ET: Peru Finance Minister Waldo Mendoza speaks at webinar organized by Americas Society/Council of the Americas.


ARGENTINA - Soy crushers in Argentina continue to strike at river and sea ports.

  • Argentina reports its Q3 unemployment rate. The rate in 2Q was 13.1%.

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