RaboResearch - Economic Research

Economic Report

Latin America: FX outlook - Carry on, and on

Latin American currencies have outperformed USD this year with carry providing a notable boost. MXN was a notable outperformer. Performance will be good if volatility remains low. A surge in risk aversion could lead to rapid carry trade unwinds.

Economic Report

Latin America: the times, they are changing

Anti-establishment sentiment is growing in Latin America, just like elsewhere on the back of a growing and increasingly vocal middle class. Latin America continues to shift away from populism and policy is becoming more constructive.

Economic Report

Japanese snap elections: logic or gamble?

Japanese Premier Abe called for snap lower house elections to be held on October 22. We expect Abe’s coalition to win the election by majority, but major changes on the opposition side can turn the snap election from initial logic to a gamble.

Economic Report Dutch version

German elections: Was nun, Mutti?

While Merkel was the unsurprising winner of yesterday’s elections, the outcome suggests a shift in the German political landscape as the populist far-right AfD came in third. The process of finding a workable coalition starts now, but we may not see a new government before Christmas.