{"id":40071,"date":"2024-10-28T11:01:35","date_gmt":"2024-10-28T14:01:35","guid":{"rendered":"https:\/\/www.bancocmf.com.ar\/cmf-pre-market-28-10-24\/"},"modified":"2024-10-28T11:10:02","modified_gmt":"2024-10-28T14:10:02","slug":"cmf-pre-market-28-10-24","status":"publish","type":"post","link":"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/","title":{"rendered":"CMF PRE-MARKET 28-10-24"},"content":{"rendered":"\n<p><strong>Cambio de estrategia<\/strong><\/p>\n\n\n\n<p><em>El Tesoro sorprendi\u00f3 al mercado y, por primera vez en meses, no licitar\u00e1 letras capitalizables a tasa fija y solo ofrecer\u00e1 BONCER para renovar vencimientos por $1,6 billones. Los t\u00edtulos ajustables por inflaci\u00f3n vienen operando sin demanda, en l\u00ednea con una mejora en las expectativas de inflaci\u00f3n. Actualmente, la curva de LECAPs opera invertida, con un mercado que luce cada vez m\u00e1s optimista con el proceso desinflacionario. El Tesoro buscar\u00e1 alargar duration sin correr mayor riesgo, dado un bajo nivel de vencimientos y la alta liquidez depositada en el BCRA. <strong>Sin embargo, dicho desplazamiento de los vencimientos no ser\u00e1 gratuito y costar\u00e1 en torno al 11-13% real anual.<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mercado de cambios:<\/strong> el BCRA contin\u00faa su <em>crawling peg<\/em> del 2% mensual y el FX mayorista abre la jornada en $988.<\/li>\n\n\n\n<li><strong>Licitaci\u00f3n MECON: <\/strong>el Tesoro licitar\u00e1 ma\u00f1ana cuatro bonos CER cup\u00f3n cero con vencimientos entre mayo 2025 y octubre 2026, enfrentando vencimientos por $1,6 billones por la LECAP S31O4.<\/li>\n\n\n\n<li><strong>Balance cambiario:<\/strong> el BCRA public\u00f3 el Balance Cambiario de septiembre, en que se sugiere que la autoridad monetaria intervino en el MEP por USD 96 MM ese mes. Adem\u00e1s, se public\u00f3 el dato del acceso privado al MULC para el pago de importaciones, que ascendi\u00f3 a USD 5.123 MM, es decir, un 86% de las importaciones devengadas.<\/li>\n\n\n\n<li><strong>Salarios reales:<\/strong> seg\u00fan datos del INDEC, los salarios de empleados registrados aumentaron un 4,9% en agosto, lo que implica un incremento del 0,7% en t\u00e9rminos reales con una inflaci\u00f3n de 4,2%. Mientras los salarios p\u00fablicos aumentaron un 0,5% real, los privados registraron una suba de 0,8% mensual.\u00a0<\/li>\n\n\n\n<li><strong>Saldo en el MULC: <\/strong>el Banco Central compr\u00f3 ayer otros USD 37 MM en el MULC, por lo que el acumulado en el mes asciende a USD 1.089 MM.<\/li>\n\n\n\n<li><strong>Contexto internacional: <\/strong>esta semana se conocer\u00e1n los datos del PBI del tercer trimestre (mi\u00e9rcoles) y del PCE (viernes). A nivel precios, el crudo se desploma casi 6% mientras se disipa la amenaza a las instalaciones petroleras de Ir\u00e1n. Por su parte, el oro opera casi sin movimientos, mientras que el DXY contin\u00faa en zona de 104 (m\u00e1x. desde comienzos de agosto).<\/li>\n<\/ul>\n\n\n\n<p><strong>Este informe ha sido elaborado a t\u00edtulo informativo. El presente NO debe ser tomado como una recomendaci\u00f3n o instrucci\u00f3n, y no reviste car\u00e1cter de ofertas de productos y\/o servicios ni solicitud de orden&nbsp;de compra y\/o venta. Banco CMF S.A. no ser\u00e1 responsable por ning\u00fan error y\/u omisi\u00f3n del contenido.<\/strong><\/p>\n\n\n\n<p><strong><em>Copyright \u00a9 2017 Banco CMF S.A. All rights reserved.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cambio de estrategia El Tesoro sorprendi\u00f3 al mercado y, por primera vez en meses, no licitar\u00e1 letras capitalizables a tasa fija y solo ofrecer\u00e1 BONCER para renovar vencimientos por $1,6 billones. Los t\u00edtulos ajustables por inflaci\u00f3n vienen operando sin demanda, en l\u00ednea con una mejora en las expectativas de inflaci\u00f3n. Actualmente, la curva de LECAPs opera invertida, con un mercado que luce cada vez m\u00e1s optimista con el proceso desinflacionario. El Tesoro buscar\u00e1 alargar duration sin correr mayor riesgo, dado un bajo nivel de vencimientos y la alta liquidez depositada en el BCRA. Sin embargo, dicho desplazamiento de los vencimientos [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_joinchat":[],"footnotes":""},"categories":[56],"tags":[],"class_list":["post-40071","post","type-post","status-publish","format-standard","hentry","category-pre-market-daily-close-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CMF PRE-MARKET 28-10-24<\/title>\n<meta name=\"description\" content=\"CMF PRE-MARKET 28-10-24\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CMF PRE-MARKET 28-10-24\" \/>\n<meta property=\"og:description\" content=\"CMF PRE-MARKET 28-10-24\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/\" \/>\n<meta property=\"og:site_name\" content=\"Banco CMF\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BancoCMF\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-28T14:01:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-28T14:10:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bancocmf.com.ar\/wp-content\/uploads\/Cmf-Logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"254\" \/>\n\t<meta property=\"og:image:height\" content=\"106\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Franco Adrian Berra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BancoCMF\" \/>\n<meta name=\"twitter:site\" content=\"@BancoCMF\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Franco Adrian Berra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/\"},\"author\":{\"name\":\"Franco Adrian Berra\",\"@id\":\"https:\/\/www.bancocmf.com.ar\/#\/schema\/person\/efebf4507badcb7acbb9052bad2d8ad2\"},\"headline\":\"CMF PRE-MARKET 28-10-24\",\"datePublished\":\"2024-10-28T14:01:35+00:00\",\"dateModified\":\"2024-10-28T14:10:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/\"},\"wordCount\":429,\"publisher\":{\"@id\":\"https:\/\/www.bancocmf.com.ar\/#organization\"},\"articleSection\":[\"Pre Market &amp; Daily Close\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/\",\"url\":\"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/\",\"name\":\"CMF PRE-MARKET 28-10-24\",\"isPartOf\":{\"@id\":\"https:\/\/www.bancocmf.com.ar\/#website\"},\"datePublished\":\"2024-10-28T14:01:35+00:00\",\"dateModified\":\"2024-10-28T14:10:02+00:00\",\"description\":\"CMF PRE-MARKET 28-10-24\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bancocmf.com.ar\/#website\",\"url\":\"https:\/\/www.bancocmf.com.ar\/\",\"name\":\"Banco CMF\",\"description\":\"Valor es conocerte\",\"publisher\":{\"@id\":\"https:\/\/www.bancocmf.com.ar\/#organization\"},\"alternateName\":\"CMF\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bancocmf.com.ar\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.bancocmf.com.ar\/#organization\",\"name\":\"Banco CMF\",\"alternateName\":\"CMF\",\"url\":\"https:\/\/www.bancocmf.com.ar\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.bancocmf.com.ar\/#\/schema\/logo\/image\/\",\"url\":\"\/wp-content\/uploads\/2023\/12\/cmf-banco-corporativo.png\",\"contentUrl\":\"\/wp-content\/uploads\/2023\/12\/cmf-banco-corporativo.png\",\"width\":254,\"height\":106,\"caption\":\"Banco CMF\"},\"image\":{\"@id\":\"https:\/\/www.bancocmf.com.ar\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/BancoCMF\",\"https:\/\/x.com\/BancoCMF\",\"https:\/\/www.linkedin.com\/company\/bancocmf\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.bancocmf.com.ar\/#\/schema\/person\/efebf4507badcb7acbb9052bad2d8ad2\",\"name\":\"Franco Adrian Berra\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/2e32d350e972c7bf02640d41e09497adfa7f15b6315c0b857fd4b9011e40291b?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2e32d350e972c7bf02640d41e09497adfa7f15b6315c0b857fd4b9011e40291b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2e32d350e972c7bf02640d41e09497adfa7f15b6315c0b857fd4b9011e40291b?s=96&d=mm&r=g\",\"caption\":\"Franco Adrian Berra\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CMF PRE-MARKET 28-10-24","description":"CMF PRE-MARKET 28-10-24","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/","og_locale":"en_US","og_type":"article","og_title":"CMF PRE-MARKET 28-10-24","og_description":"CMF PRE-MARKET 28-10-24","og_url":"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/","og_site_name":"Banco CMF","article_publisher":"https:\/\/www.facebook.com\/BancoCMF","article_published_time":"2024-10-28T14:01:35+00:00","article_modified_time":"2024-10-28T14:10:02+00:00","og_image":[{"width":254,"height":106,"url":"https:\/\/www.bancocmf.com.ar\/wp-content\/uploads\/Cmf-Logo.png","type":"image\/png"}],"author":"Franco Adrian Berra","twitter_card":"summary_large_image","twitter_creator":"@BancoCMF","twitter_site":"@BancoCMF","twitter_misc":{"Written by":"Franco Adrian Berra","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/#article","isPartOf":{"@id":"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/"},"author":{"name":"Franco Adrian Berra","@id":"https:\/\/www.bancocmf.com.ar\/#\/schema\/person\/efebf4507badcb7acbb9052bad2d8ad2"},"headline":"CMF PRE-MARKET 28-10-24","datePublished":"2024-10-28T14:01:35+00:00","dateModified":"2024-10-28T14:10:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/"},"wordCount":429,"publisher":{"@id":"https:\/\/www.bancocmf.com.ar\/#organization"},"articleSection":["Pre Market &amp; Daily Close"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/","url":"https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/","name":"CMF PRE-MARKET 28-10-24","isPartOf":{"@id":"https:\/\/www.bancocmf.com.ar\/#website"},"datePublished":"2024-10-28T14:01:35+00:00","dateModified":"2024-10-28T14:10:02+00:00","description":"CMF PRE-MARKET 28-10-24","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bancocmf.com.ar\/en\/cmf-pre-market-28-10-24\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.bancocmf.com.ar\/#website","url":"https:\/\/www.bancocmf.com.ar\/","name":"Banco CMF","description":"Valor es conocerte","publisher":{"@id":"https:\/\/www.bancocmf.com.ar\/#organization"},"alternateName":"CMF","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bancocmf.com.ar\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bancocmf.com.ar\/#organization","name":"Banco CMF","alternateName":"CMF","url":"https:\/\/www.bancocmf.com.ar\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bancocmf.com.ar\/#\/schema\/logo\/image\/","url":"\/wp-content\/uploads\/2023\/12\/cmf-banco-corporativo.png","contentUrl":"\/wp-content\/uploads\/2023\/12\/cmf-banco-corporativo.png","width":254,"height":106,"caption":"Banco CMF"},"image":{"@id":"https:\/\/www.bancocmf.com.ar\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/BancoCMF","https:\/\/x.com\/BancoCMF","https:\/\/www.linkedin.com\/company\/bancocmf\/"]},{"@type":"Person","@id":"https:\/\/www.bancocmf.com.ar\/#\/schema\/person\/efebf4507badcb7acbb9052bad2d8ad2","name":"Franco Adrian Berra","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/2e32d350e972c7bf02640d41e09497adfa7f15b6315c0b857fd4b9011e40291b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2e32d350e972c7bf02640d41e09497adfa7f15b6315c0b857fd4b9011e40291b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2e32d350e972c7bf02640d41e09497adfa7f15b6315c0b857fd4b9011e40291b?s=96&d=mm&r=g","caption":"Franco Adrian Berra"}}]}},"author_meta":{"display_name":"Franco Adrian Berra","author_link":"https:\/\/www.bancocmf.com.ar\/en\/author\/fberra\/"},"featured_img":null,"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"gs-tiny":false,"xl":false,"xxl":false,"xxxl":false,"xxxxl":false,"xxxxxl":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Franco Adrian Berra","author_link":"https:\/\/www.bancocmf.com.ar\/en\/author\/fberra\/"},"uagb_comment_info":0,"uagb_excerpt":"Cambio de estrategia El Tesoro sorprendi\u00f3 al mercado y, por primera vez en meses, no licitar\u00e1 letras capitalizables a tasa fija y solo ofrecer\u00e1 BONCER para renovar vencimientos por $1,6 billones. Los t\u00edtulos ajustables por inflaci\u00f3n vienen operando sin demanda, en l\u00ednea con una mejora en las expectativas de inflaci\u00f3n. Actualmente, la curva de LECAPs&hellip;","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/www.bancocmf.com.ar\/en\/category\/pre-market-daily-close-en\/\" class=\"advgb-post-tax-term\">Pre Market &amp; Daily Close<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Pre Market &amp; Daily Close<\/span>"]}},"comment_count":0,"relative_dates":{"created":"Posted 2 years ago","modified":"Updated 2 years ago"},"absolute_dates":{"created":"Posted on October 28, 2024","modified":"Updated on October 28, 2024"},"absolute_dates_time":{"created":"Posted on October 28, 2024 11:01 am","modified":"Updated on October 28, 2024 11:10 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/posts\/40071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/comments?post=40071"}],"version-history":[{"count":1,"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/posts\/40071\/revisions"}],"predecessor-version":[{"id":40072,"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/posts\/40071\/revisions\/40072"}],"wp:attachment":[{"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/media?parent=40071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/categories?post=40071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bancocmf.com.ar\/en\/wp-json\/wp\/v2\/tags?post=40071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}