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Argentina published final terms of its exchange offer on about $65 billion of defaulted foreign-law bonds, with creditor participation deadline extended to August 28 and settlement set for September 4. Peru's Congress is also advancing a bill to allow withdrawals of up to 100% of private pension account funds.
Argentina's debt resolution and Peru's pension withdrawals affect regional currencies and consumer liquidity, with only indirect implications for feed demand.
scotiabank.comAug 19, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
