# Argentine assets jump as opposition leads in primary vote | Financial Post

> Argentine stocks hit an all-time high and bonds rallied after primary elections showed the conservative opposition leading, including by about five points in Buenos Aires province. The peso jumped 3.9% to 178 per dollar. Analysts at Goldman Sachs said the result raises the odds of a regime change in 2023 but warned of a possible shift to more populist policies by the Fernandez government.

- Date: 2021-09-13 · published 2021-09-13T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/45333-argentine-assets-jump-as-opposition-leads-in-primary-vote-financial-post
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

For feed buyers the impact is indirect: a stronger peso lowers the local-currency cost of Argentine soymeal and corn exports, which can ease pressure on world meal prices. The effect is modest because the move reflects political sentiment rather than a change in crop or trade flows.

## Read by commodity

- USDARS: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/argentine-assets-jump-as-opposition-leads-in-primary-vote

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.