Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Latin America


Latest Stories

Costa Rica / Economy

Despite high volatility in recent weeks, the Costa Rican colón has rallied over the last few months, strengthening 2.3% from its October 2011 low of CRC521.25/US$, and we believe the unit has potential for further upside in the short term. In line with this view, we have revised up our average and end of period forecasts for 2012 slightly from CRC525.00/US$ and CRC533.00/US$ to... 2012-01-24


Brazil / Economy

The technical picture for the Brazilian real is strong at present, with longer-dated charts also suggesting that the unit will perform well against the US dollar over the next few weeks... 2012-01-20


Brazil / Economy

We are reiterating our constructive view on Brazilian and Colombian equities (see our online service, January 5, Asset Class Strategy), which was based on their attractive valuations... 2012-01-18


Analysis On Fixed Income, Fx & Equity Markets

Brazil

We are reiterating our constructive view on Brazilian and Colombian equities (see our online service, January 5, Asset Class Strategy), which was based on their attractive valuations... 2012-01-18


Colombia

The strong performance of Colombia's benchmark equity index on January 10, when it broke above major resistance at the 13,000 level, was followed by a slight retracement on January... 2012-01-11


Colombia

Colombia's weak consumer price inflation print for November, at just 0.14% month-on-month, supports our out-of-consensus view that the next move from the central bank (BanRep) will... 2011-12-08


Although there is still much uncertainty as to the outcome of the December 9 eurozone policy meeting, some Latin American financial markets are looking pretty strong at the time of... 2011-12-07

BMI Sovereign Ratings

Argentina

BMI View: Our proprietary sovereign risk rating scores appear broadly in line with market sentiment, although compared to the major ratings agencies we are more pessimistic about... 2011-09-29


Argentina

BMI View: While the top half of our sovereign risk ratings has seen little change since last quarter, in the bottom half we believe there are a handful of economies that are facing... 2011-07-07


Argentina

BMI View: Latin America's sovereign risk credentials continue to improve overall, boosted by broadly strong growth rates and high commodity prices. However, we caution that the outlook... 2011-02-09


BMI View: Robust economic recoveries have seen a continued improvement in the ability of Latin American sovereigns to service external debt obligations. However, large external imbalances... 2010-02-18

Currency Forecasts

Costa Rica

Despite high volatility in recent weeks, the Costa Rican colón has rallied over the last few months, strengthening 2.3% from its October 2011 low of CRC521.25/US$, and we believe the... 2012-01-24


Brazil

The technical picture for the Brazilian real is strong at present, with longer-dated charts also suggesting that the unit will perform well against the US dollar over the next few weeks... 2012-01-20


Chile

The Chilean peso's recent break of short-term resistance around CLP517.00/US$ suggests that we could see the unit appreciate further in the coming months before coming up against resistance... 2012-01-12


Peru

Despite recently breaching resistance at PEN2.70/US$, and performing stronger than other regional currencies in spite of volatile global conditions, we believe the Peruvian nuevo sol... 2011-12-08