Argentina braces for market turbulence as mid-term elections loom

Investors are on edge in Argentina ahead of the upcoming mid-term elections for Javier Milei’s government, as outcomes may reshape policy-direction and external response from key allies. Currency and bond-markets are signalling increased risk of volatility, with foreign-investors remaining cautious. The government has emphasised that future U.S. support may hinge on electoral performance, adding a layer of external-financing risk. Analysts say the focus will be on whether reforms stay on track and how markets price the political-economic intersection in one of Latin America’s most turbulent macro hotspots.