It’s been a good start to 2018 for Latin America’s financial markets, with equities outperforming those in developed markets, currencies posting strong gains against the dollar, and bond spreads narrowing. Argentine markets have had a more mixed start to the year. The central bank’s relaxation of its inflation targets and subsequent loosening of monetary policy has triggered a rally in local currency bonds at the short end of the yield curve, but caused the peso and dollar bonds to come under pressure.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services