The currency vs. inflation conundrum in Brazil
Nobody knows what is going on with the currency in Brazil. After months of targeting a weaker real, the Brazil Central Bank may be changing course, and they may have to.
Tag Archives: Dilma Rousseff
Thursday’s best web
Thursday’s best web covers jumpstarting the Brazilian economy, new ETFs, foreign investment in Bulgaria, Samsung releasing the new Galaxy Note 10.1 in Korea and surprising growth in Malaysia.
Brazil is not quite the next Argentina, but it’s heading there
Brazil unveiled a new round of temporary tax cuts this week aimed at jump-starting an economy that has underperformed its BRIC and other emerging market peers.
Morning coffee brief
In this morning’s markets update, the rally continued overnight with moderate gains in Asia thanks to no additional news out of the euro zone, combined with China’s growth initiatives.
Avoid Brazil’s volatile real with domestic ETFs
Brazil’s policy of weakening its currency to make exports more competitive has worked – maybe too well.
Incessant government meddling pushing Brazil back into bear mode
Once considered “market friendly,” Brazilian President Dilma Rousseff has started to unnerve investment banks and drive the Bovespa into a deep correction. Expect downgrades and maybe a few bottom feeding opportunities.
Best of the Friday web
American markets tumbled on the back of disappointing jobs data, a gloomy growth outlook, and nervousness going into European elections this weekend.
A straightjacket is wrapped around Brazil
Brazil’s currency will likely continue to trade in an undesirable range for the future as economists indicate that inflationary pressure has ticked up in Latin America’s biggest economy.
Brazilian banks have to lend – or else
Stocks around the emerging world have had a tough week, but the Brazilian financial sector has been lagging the rest of the Bovespa, not to mention banks elsewhere. There’s a good reason for this, and it hasn’t been reported widely.
