Latam FX: Fiscal fundamentals
When it comes to searching the world for positive real interest rates, investors have increasingly been looking at Latin America, especially Brazil. With…
Brazil: The hawks are getting louder
The Brazilian central bank is likely to move the policy guidance needle decidedly in a hawkish direction at this week’s monetary policy meeting, but…
Brazil: A monetary policy test for the BRL
The BRL’s substantial underperformance over the past year can be traced to the structural break represented by the extraordinary drop in interest…
Rising concerns over the coronavirus outbreak intensified demands for government action to mitigate its economic impact. Monetary policy is part of the…
Despite the FX weakness, market pricing for one last 25bp rate cut should help tip the balance in favour of a cut at this week’s policy meeting in…
LATAM FX Talking: The mighty MXN
Brazil: A deeper monetary stimulus
Brazil: Monetary easing on track
THINK Ahead: Deal done, hikes axed? Not exactly
Italian inflation inches up in May on rising energy pressures
ECB set for June ‘insurance’ hike as energy shock raises policy risks
Brazil: Anti-establishment wave prevails
Brazil: The presidential race narrows
Brazil: Heightened risk calls for a hawkish policy turn
Brazil: Post-strike pre-election blues
Brazil: FX vulnerabilities resurface
The FX sell-off should not have altered plans for an additional rate cut this month, but should help close the door for additional easing
