Plus, a dramatic plunge in the value of Brazil’s real shows how far investors have fallen out with Lula’s spendthrift administration. In an exclusive clip from our client briefing on Brazil’s crisis, William Jackson, Jason Tuvey and Jonas Goltermann discuss the real’s fundamental value, the effectiveness of FX intervention and what the government needs to do to get investors back onside.
Events and analysis referenced in this episode:
The Fracturing of the Global Economy
/key-issues/fracturing-global-economy
Data: Bank of England Caseometer
/data-and-charts/bank-england-caseometer
EM Drop-In: Brazil’s currency crisis – Economic and market implications
/events/em-drop-brazils-currency-crisis-economic-and-market-implications
Data: EM Financial Risk Indicators
/data-and-charts/em-financial-risk-indicators
Events and analysis referenced in this episode:
The Fracturing of the Global Economy
/key-issues/fracturing-global-economy
Data: Bank of England Caseometer
/data-and-charts/bank-england-caseometer
EM Drop-In: Brazil’s currency crisis – Economic and market implications
/events/em-drop-brazils-currency-crisis-economic-and-market-implications
Data: EM Financial Risk Indicators
/data-and-charts/em-financial-risk-indicators