Brazil

Brazil's industrial sector is running close to maximum capacity, and we believe that ongoing tightening measures by the central bank will have only limited success in reining in demand... 2008-06-10

The Banco Central do Brasil continues to raise its benchmark Selic rate in an effort to address structural inflationary pressures and anchor rising inflation expectations. With... 2008-06-10

An unlikely outperformer in the Latin FX spectrum in recent weeks has been the Argentine peso. The unit posted its largest monthly gain since 2003 in May, appreciating by 3.5% against... 2008-06-04

BMI View: With inflationary pressures showing no sign of letting up across much of the region, local debt markets will continue to underperform, in our view. Until central bankers... 2008-06-04

The arrival of Brazil and Peru onto the investment grade radar this year has had a marked impact on both countries' respective credit default swap (CDS) markets. Both sovereigns have... 2008-06-02

The iron ore market has certainly been red hot of late, with this year's contracts being kicked off in April with 65-71% price hikes from Brazil's Vale. Negotiations have been more... 2008-05-28

At a time when Brazil's Bovespa equity index is taking out key levels, homing in on our 75,000 target, we take a closer look at how much more room Brazilian stocks really have to... 2008-05-22

Consumer price inflation continues to present a key concern for monetary policymakers, and we now believe that the central bank will compliment its 50bps interest rate hike in April... 2008-05-12

For some time now we have been highlighting that consistent commitment to prudent economic policies, an increasingly credible central bank, and soaring global demand for Brazil's... 2008-05-01

A robust economy, which continues to impress, and record global commodity prices both stand to benefit the ongoing growth story. These developments beg for a more comprehensive look... 2008-04-30