Chile

The Chilean peso continues to look vulnerable, with the unit weakening towards support at CLP483.00/US$ on May 27. While we believe that there is room for a break below this level,... 2008-05-28

The issuance of the first 30-year local currency bond marks a major leap for Chile's financial development, and will set a key benchmark for local fixed income markets. However, it... 2008-03-12

As 2007 draws to a close, Latin America looks to have chalked up another impressive year of above-trend growth, expanding on average by 4.9% according to BMI's preliminary estimates.... 2007-12-27

The Chilean peso has continued to appreciate in recent weeks on the back of US dollar weakness, combined with a robust external sector. The unit recently broke through seven-year... 2007-10-03

monetary policy, comparisons with previous rate-cutting episodes in 1998 and 2001 will inevitably be made. Although it is risky to rely too much on historical parallels, it is worth... 2007-09-21

Our basic view on Latin equities: due to mounting risks to the US economy, and the strong run-up in most Latin stock indices and valuations in recent years, our outlook is defensive.... 2007-09-17

As expected, the energy crisis that gripped Argentina this winter has fed through to disappointing economic data for July. Industrial output growth slowed sharply to just 2.3% y-o-y,... 2007-08-30

Labour market data is difficult to compare across Latin America, given differing methodologies among statistical agencies, and the size of the region's informal economies. We do look... 2007-07-17

The sustained economic expansion in Latin America is feeding into real wage growth, which bodes well for the development of the domestic consumption story in the region. In particular,... 2007-06-26

Latin external debt has performed poorly over the past few weeks. The reason, as the accompanying charts show, is not due to heightened risk aversion or deteriorating creditworthiness,... 2007-06-06