RaboResearch - Economic Research

Economic Comment

In oil, rebalancing is the key word

According to the World Energy Outlook of the International Energy Agency the oil sector is adjusting to the new reality after the sharp oil price shock of 2014. And that translates to low though increasing oil prices.

Economic Comment

Brazil is back to junk

Brazil lost its investment grade with S&P on 9 September. The downgrade underlines Brazil’s enormous fiscal challenges. Political headwinds could further darken the fiscal and economic outlook.

Economic Comment Dutch version

Brazil 'downgrades' its fiscal target

Brazil revised its fiscal target downwards significantly. That bodes well for credibility, but also evaporates the room for fiscal slippage. A challenging economic and political environment further complicate the situation.