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Finance & Markets

European Stocks Advance as Oil Prices Drop; Siemens Energy Up

European stocks gained as a pullback in oil prices offered some relief from inflation concerns and bond-market pressures that have weighed on the region in recent sessions.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Argentina’s Wholesale Peso Breaks 1,500 for the First Time

Argentina · CURRENCY Key Facts —The record: The wholesale peso closed Monday 24 August at 1,507 to the dollar, the first time it has traded through 1,500.

  • Argentina's wholesale peso hits 1,507 to the dollar for the first time on August 24.
  • Parallel market rates show blue rate at 1,540-1,560 and CCL at 1,599.
  • Country risk premium widens to 505 basis points, signaling fiscal uncertainty.

More from Tuesday 25 August →