Latin America Economics Update Investment plan another reason to expect Mexico rebound The poor performance of the Mexican economy so far this year has been one of the biggest disappointments in Latin America. In this Watch we explain why, in contrast to Brazil, the slowdown owes more... 16th July 2013 · 1 min read
Latin America Chart Pack Fed sends markets reeling Latin American bonds, equities and currencies have slumped over the past month after the US Fed signalled its intention to taper its asset purchases under QE3 later this year. But while financial... 27th June 2013 · 1 min read
Latin America Economics Update Second devaluation would not solve Venezuela's woes Another devaluation of the bolivar would do nothing to solve Venezuela’s shortage of foreign currency. Until or unless the government changes tack and adopts a more market-friendly economic framework... 10th June 2013 · 1 min read
Latin America Economics Update Growing risk of balance of payments crisis in Venezuela The Venezuelan economy may already be in recession and we continue to expect GDP to contract by 1% this year. With the authorities running out of hard currency, and oil prices unlikely to rebound over... 3rd June 2013 · 1 min read
Latin America Chart Pack Slower growth to become the new norm Economic growth across Latin America was weaker than expected in Q1. We estimate that regional GDP increased by about 2.2% y/y, down from 2.8% y/y in Q4 of last year – the slowest pace since 2009... 31st May 2013 · 1 min read
Latin America Economics Update Latin American equities underperform The recent weakness of Latin American stock markets has continued unabated in May, with returns well below those of developed and emerging market equity benchmarks. Going forward, we expect stocks to... 30th May 2013 · 1 min read
Latin America Economic Outlook Hidden vulnerabilities Latin American GDP growth slowed to its lowest rate since 2009 in the first quarter of this year and, while we expect to see a gradual recovery over the coming quarters, mounting vulnerabilities will... 22nd May 2013 · 1 min read
Latin America Chart Pack Growth softens The past month has brought further signs that the recovery in economic growth in Latin America that began in mid-2012 is now running into headwinds. Admittedly, calendar effects have probably... 30th April 2013 · 1 min read
Latin America Economics Update Mining stocks take a hit Latin American equities have mostly sold off over the past month, compounding an already weak start to the year. Hardest hit have been the large mining firms based in the Andes, many of whom appear to... 29th April 2013 · 1 min read
Latin America Economics Update Region increasingly vulnerable to lower commodity prices The slump in commodity markets last week has raised questions over how exposed Latin America is to a period of lower prices. While the risks vary from country-to-country, the bigger picture is that... 22nd April 2013 · 1 min read
Latin America Economics Update China's slowdown: who is most vulnerable? The past week has seen renewed concern that a slowdown in China will drag on growth in the rest of the emerging world, including Latin America. We think these concerns are justified. But while Latin... 18th April 2013 · 1 min read
Latin America Economics Update Maduro's victory could herald period of instability in Venezuela Despite hopes for a new pragmatism, there is little evidence to suggest that Nicolas Maduro’s victory in yesterday’s Venezuelan presidential election will herald the dawn of an era of improved... 15th April 2013 · 1 min read
Latin America Chart Pack Domestic demand offsets external weakness Growth in Latin America has continued to rebound in recent months. But while the economy is on course to expand by about 3% y/y in Q1, the pace of growth remains far below the 5-6% y/y rates that were... 27th March 2013 · 1 min read
Latin America Economics Update Mexican peso bucks EM sell-off Latin American assets and currencies have sold off over the past month as a weaker pace of emerging market growth and fears of an escalation of the euro-zone debt crisis have weighed on investor... 25th March 2013 · 1 min read
Latin America Economics Update New exchange system won’t solve Venezuela’s dollar drought Venezuela’s new foreign exchange system will do nothing to reduce the economy’s reliance upon high oil prices and petro-loans from China. If either of these props give way, “Chavismo” will quickly... 19th March 2013 · 1 min read
Latin America Economic Outlook Outlook brightens, Mexico to stay ahead of Brazil Growth in Latin America has accelerated in recent months and we expect the upturn to continue in most countries over the coming quarters. Nonetheless, growth is unlikely to return to the rates seen in... 14th March 2013 · 1 min read