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Brazil: again the safe port for investors?

Negative news flows from Europe may impact investor’s confidence in the short-term. It would be too optimist to think that Brazil is completely immune to a change in investors flows.  Nonetheless, the...

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Interest rates in Brazil are kept flat (whether you like it or not)

Last night, The Central Bank of Brazil kept its benchmark rate steady at 8.75%, against market expectations. It was not an unanimous decision, as five members voted for keeping rates flat while the...

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Itau Surpasses Goldman Sachs in Brazilian Bond Underwriting

July 13 (Bloomberg) — Itau Unibanco Holding SA overtook Citigroup Inc. and Goldman Sachs Group Inc. in Brazilian bond underwriting, leading a push by local banks to grab market share from international...

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Brazilian economy cools down with global turbulence

For the fifth consecutive week, Brazilian financial analysts reduced their estimates for the Brazilian economic growth this year. Local market sentiment poll – Focus Report According to the Focus...

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