Emerging Market Crisis Series

Emerging Market Crisis Series

Brazil economy faces steepest contraction since 1981

Mar 03, 2016 12:55 pm UTC| Commentary Economy

Todays data confirmed that Brazil is facing its worst economic crisis in at least three decades, however this time around its not just economic but the country is facing political uncertainty as well. A corruption scandal...

Currency War Series

Emerging Market Crisis Series

BCB likely to start easing policy by August 2016

Mar 03, 2016 05:49 am UTC| Commentary Central Banks

The Central Bank of Brazil decided to keep the interest rate on hold. It reiterated the rational of its previous communiqué, which is that the Copom took the decision after assessing the macroeconomic situation,...

Emerging Market Crisis Series

Upbeat Brazil trade balance does not alleviate currency pressures

Mar 02, 2016 15:28 pm UTC| Commentary

Brazils Feb trade balance surprised on the upside, registering a surplus of $3.0bn, the largest for the month in the historical series. Year-to-date, the trade balance has accumulated a surplus of $4.0bn, compared with a...

Emerging Market Crisis Series

Brazil’s trade balance improves in February but fails to ease currency pressures

Mar 02, 2016 05:16 am UTC| Commentary

Brazils trade balance for February surprised on the upside, posting a surplus of $3.0bn, the biggest for the month in the historical series. Trade balance on a year-to-date basis recorded a surplus of $4.0bn, as compared...

Emerging Market Crisis Series

South Korea’s industrial production likely dropped in January on weak exports

Mar 01, 2016 12:45 pm UTC| Commentary

South Koreas industrial production in January is expected to have dropped after a recovery recorded in December. Several market participants have already forecast that the industrial output will witness considerable...

Currency War Series

Emerging Market Crisis Series

BCB likely to keep rates unchanged but upside risks of tightening remain

Mar 01, 2016 12:42 pm UTC| Commentary Central Banks

Projecting the Central Bank of Brazils action continues to be very challenging due to the deep stagflation scenario. There are arguments on both the front regarding if the central bank will resume the cycle of tightening...

Emerging Market Crisis Series

Brazil’s February confidence indices give mixed signals, supply side indices fall while consumer and retail indices rise

Mar 01, 2016 08:13 am UTC| Commentary Economy

Brazils confidence indices for February gives mixed signals amongst relevant sectors. However, it is certain that early bottoming signs are far from signifying a trend of recovery. On the supply side, several indices...