Analysis On Fixed Income, Fx & Equity Markets

Venezuelan foreign exchange reserves have fallen very slightly from their peak of US$29.5bn at the end of December 2010, reaching US$29.4bn at the beginning of February.

While we continue to like both Chilean equities and the peso over the longer term due to strong fundamentals, we caution that both could see further weakness over the coming weeks.... 2011-02-04

The Bolivian administration has clashed with the US once again over the issue of coca. President Evo Morales of Bolivia intends to overturn a ban on the chewing of coca leaves as enshrined... 2011-02-03

Our asset class strategy for Latin America remains largely unchanged in the early stages of 2011. In general, we continue to favour equities over fixed income, and many currencies still... 2011-02-03

Chile's government has reached an agreement with residents of the Magallanes region of Patagonia to bring to an end a series of violent protests over a proposed 17% hike in gas prices.... 2011-02-02

Full-year real GDP growth for Paraguay in 2010 came in at a massive 14.5% year-on-year (y-o-y), above our already-bullish estimate of 9.5%.

Rising inflation will be a concern for economies across Latin America and the Caribbean in 2011. For some countries the main issue will be one of policy, and the maintenance of authorities'... 2011-02-01

It hasn't been a strong week for Latin equities, with uncertainty in commodity prices and inflationary concerns weighing on many of the top bourses in region. Given that momentum indicators... 2011-01-28

The recent leg-up in copper prices, which our commodities team believes are likely to remain elevated over the near term, in theory bodes well for the Peruvian sol and Chilean peso.... 2011-01-27

With equity markets in Latin America looking shaky, and our broadly bullish forex views playing out - we are up an implied 0.6% on our bullish CLP/US$ Key Market View - we return our... 2011-01-26