Analysis On Fixed Income, Fx & Equity Markets

With many regional consumer stocks looking very expensive after strong rallies in 2009 and 2010, we turn our attention to the other sectors set to benefit from the rising wealth of... 2011-03-24

As expected, the Colombian central bank (BanRep) hiked the overnight lending rate by 25 basis points (bps) to 3.50% in Friday's meeting, reaffirming our constructive medium-term stance... 2011-03-21

Spreads on Latin American sovereign credit default swaps (CDS) have spiked following the devastating Japanese earthquake on March 11, in line with a dramatic uptick in risk aversion... 2011-03-17

We have decided to place a bullish position on the Chilean peso against the US dollar in our Key Market Views based primarily on the short-term outlook for copper and our constructive... 2011-03-16

The most recent poll data to come out of Peru confirms our view that while a victory for Alejandro Toledo is highly likely, the race for the second place is becoming increasingly close.... 2011-03-15

The past week has once again demonstrated that Colombian stocks are not for the fainthearted, as the benchmark IGBC equity index fell 5.9% straight after hitting a two-month peak at... 2011-03-14

We believe Chilean inflation breakevens are set for a correction after rallying since the beginning of 2011 on the back of surging inflation expectations. The one-year breakeven contract,... 2011-03-10

Being a major net oil exporter, we continue to like Colombia from a fundamental perspective in light of the recent uptick in global oil prices (see our online service, February 24,... 2011-03-07

While we still like major Latin American currencies from a fundamental perspective, the persistent threat of intervention from central banks and governments keen to cap appreciation... 2011-03-03

Our regional market strategy sees equities as the best performing asset class in Latin America over 2011, but recent global events have certainly tested this view. Nevertheless, a core... 2011-03-02