IMF's revised projections to influence BCB rate hike decision
Jan 20, 2016 11:11 am UTC| Insights & Views
The IMF in its latest World Economic Outlook released on Tuesday revised its projections for Brazil sharply downward from a 1-per cent contraction to a-3.5 per cent contraction this year. This is a significant change and...
BRL depreciation remains most critical factor for upside risks
Jan 19, 2016 22:59 pm UTC| Commentary
Brazilian economy is facing downside pressure as food price inflation is much higher, currency is depreciating and lower inflation forecast for the 2016. According to the Societe Generale, inflation probably began to...
Fitch: Brazil, S. Africa Housing Outlooks Weaken; Mexico Stable
Jan 18, 2016 11:53 am UTC| Research & Analysis Real Estate
The outlook for residential property and mortgage markets in Brazil and South Africa in 2016 has deteriorated from a year ago, Fitch Ratings says. Both markets face weak macroeconomic backdrops and high or rising interest...
Lack of liquidity causes concern for EM pairs
Jan 14, 2016 21:52 pm UTC| Commentary
There is no development with respect to bid-ask spreads in EM currencies, for an example, USD/BRL, USD/ZAR and even USD/MXN. The spread of such EM pairs are widening. This indicates that liquidity is at a premium even for...
Fitch: Emerging Markets Risks Abound in 2016; Private Debt Key Challenge
Jan 14, 2016 10:39 am UTC| Research & Analysis
Fitch Ratings says emerging markets (EMs) are facing a wide range of risks across many sectors in 2016 and sovereign, corporate and bank ratings will continue to be under pressure. The share of EM ratings on Negative...
Jan 13, 2016 17:09 pm UTC| Commentary
Data released on Monday showed that Mexicos industrial production decreased 0.5% m/m in seasonally adjusted terms in November, missing forecasts. Compared to a year ago period, industrial production increased just 0.1%....
Growth in Emerging Market likely to be weaker on China’s volatility
Jan 13, 2016 06:24 am UTC| Commentary Central Banks
Chinas equity markets and currency stabilised today with the help of Peoples Bank of Chinas Yuan intervention. The dispersion around the expected growth of China that is tilted on the downside is the continued cause of...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight