Economy
Brazil
BMI View: The Brazilian government has continued to pursue a policy of responsible fiscal management which has seen a steady improvement in the country's primary and nominal fiscal...
2007-10-15Brazil
We have held a constructive view regarding Brazilian equities for some time now, and reiterated on various occasions that the Bovespa stock index would outperform other Latin American...
2007-10-02Brazil
BMI View: Latest data released by the Brazilian authorities show that industrial production came in below expectations in July. Industrial production came in at 5.7% y-o-y in the...
2007-09-06Brazil
After trading at a seven year high of BRL1.8338/US$ in July, the real sold off in recent weeks on the back of a rise in global volatility, stemming from concerns over the health of...
2007-09-06Brazil
The Brazilian consumer has benefited from a stable economic backdrop combined with declining interest rates. Furthermore, a steady rise in the real wage has increased households purchasing...
2007-09-04Brazil
BMI View:We remain upbeat in regard to Brazil's fiscal outlook, as lower levels of spending and higher revenues improve the country's fiscal position. Given that the finance ministry...
2007-08-03Brazil
BMI View: Latest data released by the Brazilian authorities show that the country's external balance continues to impress. The trade surplus came in at a robust US$3.3bn in July...
2007-08-03Brazil
Data released in early July put Brazil's H107 trade surplus at US$20.6bn, a 5.6% y-o-y rise. We are continuing to pencil in US$42bn trade surplus this year, which is roughly in line...
2007-07-06Brazil
BMI View: The government has apparently succumbed to pressure by exporters who have been hard hit by the appreciation of the real, and as such, has announced a series of measures...
2007-06-26Brazil
The Banco Central do Brasil (BCB) has continued to intervene in the foreign exchange market in an effort to build up its dollar
2007-06-22




