# Volatile markets: the three factors that drove country risk and shook Argentine assets - Infobae

> Argentina's country risk index rose 18 points to 805 basis points, its highest level since October 2025, as Argentine bonds fell up to 1.7%. Investors reacted to the US midterm elections, political signals from Brazil after Lula's win, and weakness on Wall Street. The Merval index fell 3.3%, with YPF down more than 6% after Brent dropped about 8%.

- Date: 2026-11-03 · published 2026-11-03T09:11:19.647Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/77407-volatile-markets-the-three-factors-that-drove-country-risk-and-shook-argentine
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Argentina's sovereign risk and peso pressure weigh on its dollar-denominated debt and farm export policy, while the oil slump hits energy-linked equities. For feed buyers, Argentine macro stress can affect soymeal and soyoil export flows and pricing.

## Read by commodity

- BRENT: bearish ▼
- USDARS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-01-27 | [Stocks and Oil Drop, Gold Rises As Wuhan Coronavirus Spreads - Markets Insider](https://feedsoft.ai/events/4514-stocks-and-oil-drop-gold-rises-as-wuhan-coronavirus-spreads-markets-insider.md) | -3.4% | -2.4% |
| BRENT | 2025-12-10 | [Diesel Futures Slide as ULSD Market Weakens and Inventories Rise Across Global Oil Markets - oftrb.com](https://feedsoft.ai/events/21714-diesel-futures-slide-as-ulsd-market-weakens-and-inventories-rise-across-global.md) | -4.6% | +0.6% |
| BRENT | 2020-06-11 | [Oil drops more than 8% as fears over second wave of coronavirus cases hit the market](https://feedsoft.ai/events/52783-oil-drops-more-than-8-as-fears-over-second-wave-of-coronavirus-cases-hit-the.md) | -2.1% | +4.9% |
| BRENT | 2022-01-24 | [Oil falls 2% as Fed rate hike talk spooks risk markets](https://feedsoft.ai/events/43049-oil-falls-2-as-fed-rate-hike-talk-spooks-risk-markets.md) | +2.2% | +6.8% |
| BRENT | 2026-09-23 | [Financial Microscope Oil Prices, Interest Rates, and the Economy: The Key Factors Shaping Korea's Exchange Rate Around Chuseok - The Asia Business Daily](https://feedsoft.ai/events/17713-financial-microscope-oil-prices-interest-rates-and-the-economy-the-key-factors.md) | +1.9% | +8.3% |

## Sources

- infobae.com: https://www.infobae.com/economia/2026/11/03/mercados-volatiles-los-tres-factores-que-impulsaron-el-riesgo-pais-y-sacudieron-a-los-activos-argentinos/

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