After a significant policy error at the end of last year, Argentina has once again found itself in trouble – and back in the headlines – in recent months, suffering from dented credibility and a fast depreciating peso. This morning on BVTV, I look at whether current levels now offer a buying opportunity.
Also this morning: what’s behind EM FX market weakness, and is it actually a US dollar story, rather than one of EM woes? And, with the oil price still climbing, are Russian credit spread levels too pessimistic?
Tune in for our latest thoughts!