阿根廷MERVAL指数 (Merval) 加自选

2025年2月，阿根廷消费者信心指数升至47.3，略低于2023年11月以来的最高水平47.4。三个子指数中有两个的乐观情绪有所下降，对个人财务状况的评估有所增加（1月份为49.54对50.18），购买耐用品的意愿有所增加（34.4对34.76），而宏观经济形势（57.83对57.21）略有改善。与去年同期相比，消费者信心指数飙升了31.13%。

Argentina's consumer confidence indicator rose to 47.3 in February 2025, slightly down from its highest level since November 2023 of 47.4 in the previous month. Optimism declined across two out of the three subindexes, assessments of personal financial situations increased (49.54 vs. 50.18 in January), and intentions to purchase durable goods (34.4 vs. 34.76), while the macroeconomic situation (57.83 vs. 57.21) marginally improved. On a year-over-year basis, the Consumer Confidence Index soared 31.13%.

2025年1月，阿根廷的贸易顺差为1.42亿美元，低于一年前的7.84亿美元，远低于估计的8亿美元。这标志着连续第14个月贸易顺差为正，尽管是该系列中最疲软的。贸易顺差是由出口增长9.1%至58.90亿美元推动的，其中农产品和原材料（11.4%）、制成品（16.4%）以及燃料和能源（23.7%）的销售强劲。与此同时，进口激增24.6%，达到57.48亿美元，主要原因是中间产品（10.6%）、资本货物配件（29.4%）、资本商品（52.8%）和消费品（47.5%）的出货量增加。

Argentina posted a trade surplus of USD 142 million in January 2025, shrinking from the USD 784 million surplus recorded a year earlier and well below the estimated USD 800 million surplus. This marks the fourteenth consecutive month of positive trade balance, although the softest in the series. The surplus was driven by a 9.1% increase in exports to USD 5.890 billion, led by strong sales of agricultural products and raw materials (11.4%), manufactured goods (16.4%), and fuels and energy (23.7%). Meanwhile, imports surged 24.6% to USD 5.748 billion, driven by increased shipments of intermediate goods (10.6%), accessories for capital goods (29.4%), capital goods (52.8%), and consumer goods (47.5%).

阿根廷1月份的贸易差额为1.42亿美元，低于预期（8亿美元）。阿根廷1月份的贸易差额为1.42亿美元，低于预期（8亿美元）

Argentina Trade Balance (MoM) registered at $142M, below expectations ($800M) in January.Argentina Trade Balance (MoM) registered at $142M, below expectations ($800M) in January

阿根廷的Merval指数交易低于2310000点，在1月9日达到2829000点的历史高点后，延续了自2025年初以来的低迷，因为总统哈维尔·米利对加密货币$LIBRA的有争议的推广深深动摇了投资者的信心，在一场经典的“地毯拉”骗局展开并引发100多起诉讼后，LIBRA迅速崩溃。主要股票受到打击，BBAR下跌超过10%，Grupo Financiero Galicia下跌9%，Edenor下跌8%，而当地美元债券下跌超过4%，反映出普遍的风险规避。这一丑闻加剧了人们对阿根廷政治不稳定和经济不确定性的担忧，因为加密货币的崩溃增加了人们对治理和监管监督的现有担忧。这一事件给市场情绪蒙上了一层长长的阴影，引发了人们的担忧，即该国脆弱的财政环境可能会阻碍外国投资，直到恢复稳定。

Argentina's Merval index traded below the 2,310,000 level, extending the downturn since the beginning of 2025 after reaching an all-time high of 2,829,000 on January 9, as investor confidence has been deeply shaken by President Javier Milei’s controversial promotion of the cryptocurrency $LIBRA, which quickly collapsed after a classic “rug pull” scam unfolded and triggered over 100 lawsuits. Major stocks have taken a hit, with BBAR dropping more than 10%, Grupo Financiero Galicia falling 9%, and Edenor declining 8%, while local dollar bonds have tumbled over 4%, reflecting widespread risk aversion. The scandal has intensified concerns about political instability and economic uncertainty in Argentina, as the crypto debacle adds to existing apprehensions about governance and regulatory oversight. The episode has cast a long shadow over market sentiment, prompting fears that the country’s fragile fiscal environment could deter foreign investment until stability is restored.