The Chilean peso will weaken in 2017 on falling real interest rates and lower copper prices. In 2018, a rebound in the copper market, improving investor sentiment and a rate hiking cycle will...
Quick View: BCC's Cut In Line With Expectations
The Chilean peso's recent weakness is in line with our view that the unit's Q116 rally would fade in Q216. We maintain our view that the unit will strengthen in H216 as copper prices begin to trade...
Chile will run persistent fiscal deficits through the conclusion of President Michelle Bachelet's term in 2018 as the government continues stimulus spending to prop up growth. That said, this will...
We maintain our view that a slowdown in the Chilean consumer in 2013 will weigh on the performance of equities in this sector, removing the support that has helped prevent a sharper sell-off...
Despite the recent protestations of the Argentine government, we maintain that the country is headed for a currency devaluation this year. Indeed, growing demand for dollars, as measured by the...
Chile's six-month interest rate swap is now pricing in a cut to the Banco Central de Chile's (BCC) monetary policy rate, reaffirming our long-held view that we will see monetary easing this year...
A substantial drop in copper prices has pushed the Chilean peso to one of its weakest levels this year, but we expect the unit's sell-off is for the most part to be over for now, as our Commodities...
The strong performance by consumer discretionary stocks over the last 12 months has helped support Chile's blue-chip IPSA equity index, limiting losses from basic materials and other areas. While...