Brazil

Falling commodity prices and the ongoing global financial meltdown saw the Brazilian real fall through the key psychological BRL2.0000/US$ level on October 2. From a technical perspective,... 2008-10-03

Following the rejection of the US bailout plan, and the subsequent battering of Latin America's benchmark stock markets, the short-term outlook for local equities is extremely precarious,... 2008-09-30

Tighter monetary policy in Brazil is gradually starting to put a dampener on private sector lending, with credit growth slowing to 32.8% y-o-y in August, down from 34.0% in July,... 2008-09-29

BMI View: With global investors increasingly looking to unwind risky positions, sovereign credit spreads across the EM universe have shot up remarkably when compared to 12 months... 2008-09-25

The proposed formation of a joint taskforce for Brazil's banking sector comes at a time when concerns about profitability of Brazilian banks are on the rise. Tighter credit conditions... 2008-09-24

The Banco Central do Brasil (BCB) took an unusual step last week and held two foreign currency repurchasing agreement (repo) auctions worth US$500mn, in an effort to ease tightening... 2008-09-22

As the global financial turmoil continues to unfold, claiming further victims this week, like insurance heavyweight AIG, UK bank HBOS, and with news surfacing that Washington Mutual... 2008-09-18