Argentina another cloud on darkening LatAm investment outlook

Euronews | Aug 13, 2019 at 4:04 PM
  • Latin America’s investment climate is gradually deteriorating.
  • On Monday, Argentine stocks crashed 30% and yields on the country’s sovereign debt soared as investors fretted over the possibility of default.
  • Funds and speculators on U.S. futures markets have increased their bullish bets on the Mexican peso and Brazilian real in recent weeks.