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Argentine financial markets closed mixed on Monday after a negative October. Brent crude traded near $106 a barrel, down from about $111 at the open, as Iranian and Qatari negotiators discussed ending the US-Iran war.
Argentine stocks fell 3.16% and country risk rose above 800 basis points.
Lower crude on peace-talk hopes eases energy costs for feed production and transport. Weaker Argentine assets reflect tighter financing conditions that can weigh on peso-denominated grain sales.
Not 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.