Stocks and bonds are trading with a majority of declines this Wednesday, while news is awaited with the legislative treatment of the labor reform promoted by Javier Milei’s government.
At 12:10 p.m. the S index
The%20stocks%20of%20New%20York%20operate%20with%20slight%20profits%20after%C3%A9s%20of%20known%20apositive%20data%20of%20empI read%20in%20the%20USA%20The%20economy%C3%ADa%20North American%20added%C3%B3%20130,000%20work%20jobs%20in%20January,%20a lot%20 m%20slightly%20to%204.3%,%20sec%C3%BAshowed%20data%20of%20Department%20of%20Work%20published%20on%20my%C3%A9rcoles.
Still, according to updated figures for 2025, the economy gained 181,000 jobs in all of last year, revised down from previously reported growth of 584,000 jobs, the slowest pace of job growth outside of a recession since 2003.
At the local level, the Government achieved a quorum this Wednesday in the Senate to debate the Labor Reform, an initiative for which the ruling party made concessions to both the allied governors and the CGT (General Confederation of Labor), which resisted several points of the articles.In turn, the unions carry out a march towards Congress to protest against the project, which if approved would be discussed in the Chamber of Deputies.
In the previous session, the head of the La Libertad Avanza senatorial bloc, Patricia Bullrich, announced an “agreement” to discuss labor reform this Wednesday, which she called the “first law of democracy to make a strategic change in labor relations.”Among other points, the allied blocs and the governors contemplated the elimination of the article of reduction of the Income Tax for large and medium-sized companies, which had an impact of more than 2 billion pesos in the provinces.
The%20version%C3%B3n%20final%20has%2028%20modifications%20consensus%20regarding%20the%20dictum%20ofmajor%C3%ADa.The%20m%C3%A1s%20important%20is%20the%20elimination%C3%B3n%20of%20art%C3%ADculo%20190,%20which%20posed%20a%20reduction in%20Profits%20to%20large%20companies%20from%2030%%20to%2027%.%20Adem%C3%A1s,%20will%20eliminate%20the%20art%C3%ADculo%20that was lowered%20the%20employer%20contributions%20for%20the%20social%20works,%20and%20will%20maintain%C3%A1npor%20two%20a%C3%B1os%20the%20contributions%20solidarity%20to%20unions%20and%20organizations%20employers,with%20caps%20of%202%%20and%200.5%,%20respectively.
On%20other%20part,%20the%20financial%20agents%20evaluated%20the%20data%20of%20IPC%20of%20INDECcorresponding%20to%20January.%20%E2%80%9CThe%20inflation%C3%B3n%20retail%20of%20January%20was%20of%202.9%%20monthly(32.4%%20yoy),%200.5%20point%20percentage%20by%20above%20of%20the%20relevantexpectations%20in%20the%20survey%20REM%20(Survey%20of%20Expectations%20of%20Market)%20ofBanco%20Central%E2%80%9D,%20indic%C3%B3%20Aldaz%C3%A1bal%20y%20Compa%C3%B1%C3%ADa.
%E2%80%9Cto%20forward,%20la%20t%C3%ADpica%20seasonality%20m%C3%A1s%20low%20in%20the%20month%20of%20February%20for%20prices%20may%C3%ADa%20suggest%20a%20slowdown%C3%B3n%20temporary%20before%20of%20March,%20month%20which%20is%20typically%20influenced%20significantly%20by%20auments%20in%20Education%C3%B3n%20eClothing.%20However,%20measurements%20private%20of%20high%20frequency%20suggest%20not%20lower%C3%ADa%20by%20below%20of%202.5%%20monthly%20given%20the%20impact%20of%20adjustment%20of%20ratesand%20regulated%20services%E2%80%9D,%20add%C3%B3.
%E2%80%9CAs%20point%20positive,%20the%20inflation%C3%B3n%20n%C3%BAcleo%20-which%20measures%20the%20underlying%20inflationary%20process%20and%20eliminates%20factors%20stayfinals-%20declined%C3%B3%20slightly%20to%202.6%%20monthly.There%20was%20too much%20reaction%C3%B3n%20in%20the%20market%20today,%20ya%20that%20the%20consensus%20ya%20espwas%20a record%20at%20these%20levels.%20It’s%20that is,%20the%20market%20already%20was%20%E2%80%98pricing%E2%80%99%20(assuming%20prices)%20a%20inflation%C3%B3n%20m%C3%A1s%20high%20that%20the%20that%20discounted%20the%20last week%20before%20that%20%20%20data%E2%80%9D came out,%20were%C3%B1alloated%20from%20Bridge.
For the Rava Bursátil experts, “the data was located below the previous records of the city of Buenos Aires and was in line with the analysts’ projections. With this figure, the exchange rate bands and public securities linked to inflation are adjusted.”
%E2%80%9Cwhile%20the%20international%20markets%20eval%C3%BAan%20the%20path%20of%20rates%20of%20referencein%20the%20USA,%20given%20that%20the%20Reserve%20Federal%20may%C3%ADa%20make%20a%20new%20cut%20in June,%20in%20the%20%C3%BAltima%20week%20%E2%80%9Close%20prices%20of%20bonds%20of%20High%20Yields rose%200.2%,%20while%20%20of%20of%20Grado%20of%20Inversi%C3%B3n%200.3%,%20and%20the%20Latin American bonds,%20a%200.2%%E2%80%9D,%20indicated%20from%20Puente.
