Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks 
US-Led Coalition Targets Global Factory Overcapacity 
Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed 
Wall Street Falls as Oil Prices Rise and Tech Stocks Slide 
Dollar Near 18-Month High as Euro, Yen and Pound Weaken 
Asian Currencies Steady as Dollar Eyes Fourth Weekly Gain 
US, EU Push for Action Against Asia’s Excess Factory Capacity 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
France to Release 10 Million Barrels of Diesel to Ease Fuel Prices 
US Treasury Yields Ease After Strong 10-Year Auction as Global Bonds Struggle 
Add as a preferred source on Google
Brazil is expected to post its strongest real exports growth in five years in 2015, as currency depreciation boosts competitiveness. Given the rising correlation between exports and investment demand.
"We expect the slightly better exports outlook to eventually feed into the investment and growth outlooks. However, the persistently challenging global demand environment is likely to contain the exports gains for the time being", notes Societe Generale.
Meanwhile, the domestic demand challenges have grown large enough to outweigh any advantages that the trade improvements can fetch on the investment front.
"We think it unlikely that the export gains will trigger a strong enough investment cycle to pull growth back up towards potential any time soon. The trade and industrial production numbers over the next few months could provide an indication on the possible timing of a trough in investment demand. However, they are unlikely to signal a strong recovery", says Societe Generale.
