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.

Special

Argentina: open for business

A new government has embarked on a major and much-needed shift in economic policies. The economic recovery is in sight and business opportunities arise in sectors with high catch up potential.

Economic Report

“As good as it gets” (Dutch)

De kans dat de wereldeconomie harder gaat groeien dan nu het geval is lijkt gering, aangezien vele grote economieën op hun economisch potentieel zitten. Deze is aangetast door jaren van bovenmatige liquiditeit.

Economic Report

Latin America: turning the populist page

The past year has been tumultuous for Latin American politics, characterised by a shift to the right in election results and away from populism in policy, and numerous corruption scandals. Current risk levels are likely to linger in the coming year.

Economic Comment

Latin America: F&A sector dynamics in Brazil

Economic activity in Latin America has been slowing down, but there still are pockets of opportunity. One example is the F&A sector in Brazil, which has performed much better than the overall economy.