| Commentary

Become a contributor

Bookmark Econotimes

| Commentary

Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains

Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates

Australian economic growth recovers strongly in Q3 2020

Canada's economy shows growth in July, but growth stalled in

Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound

Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding

Malaysian headline inflation falls further in October, likely to remain negative in 2020

U.S. weekly jobless claims unexpectedly decrease

Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure

US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave

Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment

U.S. existing home sales decline in August

Germany's unemployment exceeds expectations in September

FxWirePro: Daily Commodity Tracker - 21st March, 2022

US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes

Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election

Swiss franc likely to gradually depreciate against euro in coming months

©Econometrics LLC . All Rights Reserved.

Brazil current account improvement likely to continue

Monday, December 21, 2015 9:39 AM UTC

Brazil's current current account balance was at 4166 mn dollars, the improvement is expected to continue by market consensus expectations.

"On our forecast of -$3,125m for November, we estimate that the YTD current account balance improved from -$92.5bn to -$56.6bn (or a YTD improvement of nearly 39%)", says Societe Generale in a research note.

These gains are expected to consolidate further moving ahead. Also, the BRL weakness appear ro be beneficial for Brazil exports. Domestic growth weakness clearly helps on external front.

The current account might be heading for a substantial correction in 2015 in USD terms. BRL depreciation this year will prevent sharp improvement in current account/GDP ratio.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate

Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies

Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile

AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock

U.S. Condemns South Africa’s Expulsion of Israeli Diplomat Amid Rising Diplomatic Tensions

Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure

Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links

Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns

CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Brazil current account improvement likely to continue

Editor's Picks

Welcome to EconoTimes