Argentina Foreign Ministry says Mercosur Bloc to sign EU deal on January 17th
The announcement of Mercosur's upcoming deal with the EU is a potential positive development for both blocs, signaling enhanced trade relations.
Fed's Bostic (Retiring) says high end consumers have been spending, in many ways, US has long had a K-shaped economy; economy has been resilient, speaking via WLRN radio
Vistra (VST) says at full delivery of PPAs with Met (META), sees incremental adj. FCF before growth accretion of about 8-10% related to operating energy and capacity
Argentina Foreign Ministry says Mercosur Bloc to sign EU deal on January 17th
US President Trump & Commerce Secretary met with homebuilders seeking to increase construction
Morgan Stanley expects the Fed to cut by 25bps in both June and September (prev. saw 25bps in both January and April)
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This deal could increase market access for Argentine products in Europe and boost foreign investment. Watch for implications in related assets, such as currencies and agricultural commodities given Argentina's export profile.
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