Economic Analysis - Corruption Allegations To Undermine Investment - 21 AUG 2017
Emerging Markets Monitor August 2017 / Guatemala / Economy
Economic activity in Guatemala will decelerate in 2017 as corruption allegations undermine business confidence and halt infrastructure projects. However, robust remittance inflows will underpin...
Economic Analysis - Money Supply Growth To Push Venezuela Towards Hyperinflation - 21 AUG 2017
Emerging Markets Monitor August 2017 / Venezuela / Economy
Venezuela's inflation will remain by far the highest in the world over the remainder of the year, driven by massive money supply growth and a deterioration in the value of the bol?var. We expect...
Economic Analysis - Rate Cuts To Resume As Expectations Come In - 21 AUG 2017
Emerging Markets Monitor August 2017 / Argentina / Economy
The Banco Central de la Rep?blica Argentina will resume a rate cutting cycle by end-2017, as disinflation takes hold. Although inflation will end 2017 above the bank's target, price growth will...
Economic Analysis - BCRP To Conclude Cutting Cycle In 2017 - 21 AUG 2017
Emerging Markets Monitor August 2017 / Peru / Economy
Peru's Central Reserve Bank will continue its interest rate cutting cycle in the coming months, as economic growth remains weak and inflation stays within the bank's target range. A growth recovery...
Economic Analysis - Quick View: Banxico Hold Marks End Of Hiking Cycle - 21 AUG 2017
Emerging Markets Monitor August 2017 / Mexico / Economy
Banxico held its benchmark interest rate at 7.00% on August 10, in line with our expectations and Bloomberg survey estimates. This marks the end of the current hiking cycle in our view, in line...
Industry Forecast - Banking Sector: Corporate Sector A Source Of Weakness - 24 JULY 2017
Emerging Markets Monitor July 2017 / Brazil / Economy
The Brazilian banking sector faces a dim growth outlook over the coming quarters, as political uncertainty weighs on investment decisions and loan demand. Though household deleveraging will offer...
Economic Analysis - Currency Roundup: Little Upside Left This Year - 24 JULY 2017
Emerging Markets Monitor July 2017 / Latin America / Economy
We are moderately bearish on Latin American currencies over the coming months, as major commodities face further price weakness and sentiment-driven rallies lose steam
Economic Analysis - Quick View: BCRP To Continue Cuts Amid Weaker Growth - 24 JULY 2017
Emerging Markets Monitor July 2017 / Peru / Economy
On July 13, the Banco Central De Reserva Del Peru (BCRP) cut its benchmark rate 25 basis points (bps) to 3.75% from 4.00% previously. This marks the second rate cut in three months, after the BCRP...
Currency Forecast - COP: Modest Appreciation As Oil Prices Rise - 10 JULY 2017
Emerging Markets Monitor July 2017 / Colombia / Economy
The Colombian peso is likely to consolidate in a weaker trading range in the coming weeks following a break of key support in light of recent oil price weakness. That said, we remain relatively...
Market Strategy - Break Of Resistance Would Be Bullish Signal - 22 MAY 2017
Emerging Markets Monitor May 2017 / Brazil / Finance
The MSCI Brazil Index is set to test key technical levels, which could see the index make a break through multi-year downtrend resistance.