Analysis On Fixed Income, Fx & Equity Markets

We still see potential in a host of Latin American equity markets from a fundamental perspective, reflected by our decision to place a bullish Brazilian Bovespa call in our Key Market... 2011-04-12

Brazil's long-term sovereign credit rating was increased by Fitch Ratings on April 4 to BBB from BBB-, taking it to the second-lowest investment grade.

While we had been highlighting the weak near-term outlook for Chilean stocks through the first quarter of 2011

While we have liked the Colombian peso for a long time from a fundamental perspective, a less encouraging technical picture has kept us wary towards the unit over the last six months.... 2011-04-04

While we are still up an implied 0.39% on our bullish Key Market View on the Chilean peso against the US dollar, we are becoming increasingly concerned over its current trajectory.... 2011-03-31

We believe the latest extension of the IOF tax on foreign borrowing will do little to stem the appreciation of the real as investors will continue to be attracted by Brazil's growth... 2011-03-30

Venezuelan external debt is looking great. Our short-term bullish stance towards the US$ Global 27 bond has been reaffirmed by the technical break through multi-month resistance at... 2011-03-30

Regular readers of our Daily Financial Alert will be aware of our divergent outlook for Latin equities, a view reinforced by recent trading of the Mexican, Brazilian, Colombian and... 2011-03-29

On March 23 we warned that Peruvian financial markets were in for a prolonged bout of instability in the run-up to the election on April 10 as nationalist candidate Ollanta Humala's... 2011-03-29

While political risks certainly lurk in the background, we still like Venezuelan external debt on a short-term basis, and highlight the potential for gains on the benchmark Global US$... 2011-03-24