
LatAm monetary policy, upside risks likely to rise
Jul 28, 2015 07:30 am UTC| Commentary
The upside risks to additional monetary tightening (as in case of Brazil) or an early start to the tightening cycle (in case of Mexico) or declining downside risks of additional rate cuts (in case of Chile) are not...
Substantial near-to-medium term challenges to LatAm
Jul 28, 2015 07:27 am UTC| Commentary
The lower commodity prices have worsened the current account and fiscal balances of Latam countries on average over last few years. While the shrinking domestic economy has resulted in falling imports, limiting the damage...

Shekel strengthens as Bank of Israel avoids further monetary easing
Jul 28, 2015 07:24 am UTC| Commentary
USD-ILS declined sharply in trading yesterday after Bank of Israel (BoI) kept its policy rate on hold at 0.1% and the MPCs remarks suggested that the bank is not actively considering negative interest rates or fresh...

Latam growth likely worsened in Q2
Jul 28, 2015 07:22 am UTC| Commentary
Latam growth indicators continued to post disappointing results in Q2 although not all of it was surprising, particularly on Brazil."As the trade, IP and the monthly supply-side index suggest, the Brazilian economy likely...
Turkish Lira sells off to all time low
Jul 28, 2015 07:16 am UTC| Commentary
The Turkish lira came under major pressure yesterday with USD-TRY and reached a new all-time high of 2.77. Commerzbank assumes the following global and local factors contributed to currency movement: The risk-off...
Renewed delays in Athens once again
Jul 28, 2015 07:11 am UTC| Commentary
Greece just avoided bankruptcy at the very last minute and once again Athens is causing delays. The return of the troika and the question of where to house the experts is the contentious issue this time. Tsipras government...
EURCHF to become a volatility victim?
Jul 28, 2015 07:05 am UTC| Commentary
So far the SNB was clearly keeping the exchange rate artificially low and had used the fact that EUR-CHF was clearly de-coupled from the moves in other EUR pairs as proof of this theory. An increasing EUR recovery may...