from MacroScope:

Brazil’s central bank showing no mercy on rates

April 30, 2015

Man tries walks between two trunks towards the cracked ground of the Atibainha dam as it dries up due to a prolonged drought in Nazare Paulista

At 13.25 percent, Brazil's towering interest rate looks totally out of line at first glance.

from MacroScope:

Emerging market stocks look more resilient to a Fed rate hike

April 9, 2015

Members of the Legio X Fretensis (Malta) re-enactment group take part in a display of ancient Roman army life at Fort Rinella in Kalkara, outside Valletta

Expectations may have been pushed to later this year for when the U.S. Federal Reserve will hike interest rates, but a repeat of another steep sell-off in emerging market stocks appears unlikely as much has already been priced in - and because of the stronger dollar.

from MacroScope:

Brazil gets a vote of confidence

April 7, 2015

Boys play soccer on a driftwood soccer court, on the banks of the Rio Negro or Black River in Catalao community near Manaus

Shorting Brazil is no longer the favorite sport of analysts and traders, judging by recent market trends and comments.

from Breakingviews:

Rob Cox: Eat or be eaten is real Kraft calculus

March 31, 2015

A Heinz Ketchup bottle and a bottle of Kraft parmesan cheese are displayed in a grocery store in New York

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

from Breakingviews:

Global water woes mix with trickle of good news

March 23, 2015

Men fish next to cracked ground as the Atibainha dam lake dries up due to a prolonged drought in Nazare Paulista

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Brazil’s job market hints at more painful downturn

March 19, 2015

A job promoter sits close to list of job offers posted along a main street in downtown Sao Paulo

The rapid erosion of Brazil's job market is taking most economists by surprise, an analysis of Reuters Polls data shows, in a worrying sign that already-grim expectations for Latin America's largest economy have not been pessimistic enough.

from MacroScope:

Brazil’s shock therapy against inflation

March 3, 2015

Brazil's Central Bank President Alexandre Tombini reacts during the first ministerial meeting in Brasilia

Brazil's central bank's two-day policy meeting kicks off later on Tuesday with all bets placed on a fourth straight interest rate increase, despite growing consensus that the country is headed for its worst economic recession in 25 years.

from MacroScope:

Is a one-way bet on the dollar rising still such a safe bet?

February 4, 2015

Traders work on the floor of the New York Stock Exchange

Borrowing in dollars is like playing "Russian roulette", India's central bank chief Raghuran Rajan said on Bloomberg TV this week.

from Breakingviews:

Santander’s next task: sustainable profit growth

February 3, 2015

By George Hay

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Low-inflation wave reaches Mexico

January 22, 2015

A Mexican soccer fan watches a large screen broadcasting the 2014 World Cup soccer match between Mexico and Cameroon, in downtown Monterrey

Just as ECB President Mario Draghi announced a massive bond-buying program to revive Europe's economy and fend off deflation fears, news of shockingly low inflation popped up elsewhere in the globe: consumer prices in Mexico dropped 0.19 percent in early January, far below all 19 forecasts in a Reuters poll.