Aug 27, 2010
8:00:00 PM
| Last Updated
EXECUTIVE SUMMARY
In Brazil, the COPOM will likely keep the SELIC rate unchanged at 10.75%, broadly in line with the consensus and market expectations. July industrial production likely rebounded from June, but overall it should remain on a deceleration mode, while Q2 2010 GDP likely eased its pace of expansion to 3.2% SAAR from 11.4% SAAR in Q1 2010. Moreover, the August trade surplus likely increased as exports were boosted by high iron ore and oil prices and imports softened by slowing domestic demand. Markets will pay close attention to August PMI to get a sense of economic growth[...]
Access to this content is restricted to RGE clients.
If you have a client code, please enter it here to activate your client account.
Click here for a free trial.
Learn About Our Services:
Our dynamic and intuitive macroeconomic research platform keeps you on top of the extraordinary shifts that transform our global economy, allowing users to uncover unique connections and insights. Discover the resource central banks and that 70% of the world's leading hedge funds, asset managers, PE firms, banks and corporations around the world depend on.
Our market strategists build on the work of our macroeconomic research team, incorporating market dynamics to answer crucial questions and generate actionable investment recommendations. RGE's Market Research and Strategy team gives clients actionable insight across six key asset classes:
• Currencies • Commodities
• Credit • Equity • Gov’t Bonds / Rates
• Emerging Markets • Financials
• Cross Asset Model Portfolio
Sometimes, reading research is not enough. Many RGE clients participate at the Roubini Direct Access level to gain a deeper understanding of specific issues. Through interactive live sessions, we engage with world-class thinkers, encourage knowledge sharing, idea generation, risk identification and validation of client initiatives.
Learn More »