{"content":"Trump-Backed Milei Triumphs: Markets Soar 25%, Peso Jumps 10%! Argentina’s markets erupted with optimism after President Javier Milei, a free-market reformer and close ally of Donald Trump, scored a sweeping midterm victory. It was one of Argentina’s strongest rallies in a decade — stocks jumped 25%, bonds climbed 15 cents, and the peso surged 10% against the dollar in a single day. Market Shockwave Milei’s La Libertad Avanza party captured 41.5% in Buenos Aires Province, defeating the long-dominant Peronists, and securing national momentum for his pro-market reforms. The win also advances a $40B U.S.-backed support package tied to continued stabilization efforts. Highlights 🔹 Bonds up 10–15 cents, 2038s at 74 cents 🔹 U.S.-listed Argentine stocks up 50% 🔹 MSCI Argentina ETF +22% 🔹 Peso’s biggest one-day gain in 30 years Confidence Returns “This win was far bigger than anyone expected,” said Thierry Larose of Vontobel. Analysts believe Milei’s conciliatory tone signals readiness for cooperation — vital for structural reforms. Trump’s Influence Dubbed the “Trump of South America,” Milei mirrors Trump’s populist and pro-dollar stance. Trump celebrated on X: > “Javier is a fighter for freedom and truth. Argentina is back on the path to liberty!” Outlook With investor confidence rebounding and reforms accelerating, Milei’s government could usher in a new era of economic revival — restoring stability and global trust in Argentina’s markets. #Argentina #Milei #Trump #GlobalMarkets Disclaimer: This content is for educational purposes only and not financial advice. Investing carries risk, including potential loss.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/28/60cc40476c3ced6e6d6119f7963381e7.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}