Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns 
Treasury Yields Dip as Dollar Gains Amid Fed Speculation 
UK Markets Face Rising Volatility as Hedge Funds Target Pound and Gilts 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Stock Futures Dip as Investors Await Key Payrolls Data 
Trump Threatens 50% Tariff on Canadian Aircraft Amid Escalating U.S.-Canada Trade Dispute 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Cleveland Fed President Warns of Ongoing Inflation Challenge 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Tech Stocks Rally in Asia-Pacific as Dollar Remains Resilient 
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
Gold Prices Pull Back After Record Highs as January Rally Remains Strong 
Moody's Investors Service (NYSE:MCO) raised Argentina's long-term foreign currency credit rating to "Caa3" from "Ca," citing the government's robust economic policies under libertarian President Javier Milei. This marks the first upgrade in five years after a 2020 downgrade during pandemic-driven debt challenges.
Argentina recorded a historic $18.9 billion trade surplus in 2024, reflecting Milei's economic reforms in his first full year in office. These policies tackled hyperinflation, depleted reserves, and significant fiscal imbalances, significantly reducing default risks, Moody's noted. The agency highlighted the "decisive fiscal adjustments" and measures to halt monetary financing, which have stabilized external finances and restored investor confidence.
Milei's "zero deficit" policy has boosted financial market performance and curbed inflation. Moody's also revised Argentina's outlook to "positive" from "stable," acknowledging progress in macroeconomic stabilization and commitment to debt obligations.
This rating upgrade underscores a pivotal shift in Argentina’s economic trajectory, fueled by Milei's reformist approach.
