Latin America Economics Update Quick fixes are storing up a large adjustment in Venezuela Balance of payments strains in Venezuela are showing no signs of easing. While President Chavez’s short-term fixes may ultimately enable him to squeeze through October’s presidential election, the... 2nd December 2011 · 1 min read
Latin America Chart Pack Better placed, but not immune The past month has brought further signs that growth in Latin America has started to slow in response to the deepening crisis in the euro-zone, the turmoil in world markets and weaker demand from... 28th November 2011 · 1 min read
Latin America Economics Update Room for manoeuvre The deepening crisis in the euro-zone, coupled with fears of a slowdown in China, has meant that concerns about overheating in Latin America’s major economies have quickly given way to worries over... 21st November 2011 · 1 min read
Latin America Economics Update Chilean GDP growth to slow as global headwinds build The fact that growth accelerated in Venezuela in Q3 but slowed in Chile paints a false picture of the relative strengths of each economy. Both are vulnerable to the drop in commodity prices that we... 18th November 2011 · 1 min read
Latin America Economic Outlook Weaker growth to be met with policy stimulus A combination of weak growth and deepening debt crises in the G7 and softer demand from China means that the economies of Latin America are likely to slow by more than most expect over the next few... 18th November 2011 · 1 min read
Latin America Chart Pack Growth slows in the “big two” Growth has slowed sharply in Brazil and Mexico – Latin America’s two largest economies – over the past quarter. In Brazil, there are tentative signs that a two-year boom in domestic demand has started... 29th October 2011 · 1 min read
Latin America Economics Update More to follow Brazil’s lead Brazil’s decision to continue cutting interest rates despite the fact that inflation is running at a five-year high remains as controversial as ever. Nonetheless, on balance we think that the central... 22nd October 2011 · 1 min read
Global Economics Focus Sovereign Debt: are the emerging markets immune? Emerging markets are not immune from the deepening debt crisis in the developed world, but most are well-placed to deal with the fallout. China faces a difficult structural transition of its own but... 21st October 2011 · 1 min read
Latin America Chart Pack Markets take another pounding The Central Bank of Uruguay (BCU) left its benchmark interest rate unchanged at 8.0% last night as the board weighed downside risks to growth against stubbornly high inflation. We believe that the BCU... 30th September 2011 · 1 min read
Latin America Economics Update Rate cuts back on the agenda for 2012 The rapid deterioration in the growth outlook for the developed world, and the deepening crisis in Europe in particular, should in time vindicate last month’s surprise (and controversial) decision by... 29th September 2011 · 1 min read
Latin America Economic Outlook Heading into choppy waters The economies of Latin America are likely to slow by more than most expect over the next year. We do not anticipate a prolonged downturn, but the marked deterioration in the external environment means... 21st September 2011 · 1 min read
Latin America Chart Pack Market rout focuses attention on risks to growth Financial markets in Latin America suffered heavy losses during the recent global market turmoil, extending their poor performance so far this year. Equity markets fell by around 15% amid a widespread... 25th August 2011 · 1 min read
Commodities Update Gold has further to rise despite likely Venezuelan sales In isolation, the news that the Venezuelan government is nationalising its gold industry and planning to repatriate its overseas gold reserves might be seen as negative for the price of the metal... 19th August 2011 · 1 min read
Latin America Economics Update Venezuelan gold rush a sign that the dollar drought is back The Venezuelan President, Higo Chavez, has announced that he intends to nationalise the country's gold industry and repatriate gold reserves from abroad. With the dollat drought that... 19th August 2011 · 1 min read
Latin America Economics Update Mexican rates on hold until 2013 The recent turmoil in the financial markets has re-shaped the debate on how far interest rates may need to rise in Latin America. We still expect one or two more hikes in Peru, Colombia and perhaps... 18th August 2011 · 1 min read
Latin America Chart Pack Interest rates close to peaking Policymakers in most of Latin America’s inflation-targeting countries have begun to signal an end to the current cycle of monetary tightening. In the very near term, we still expect the combination of... 28th July 2011 · 1 min read
