The Brazilian markets are poised to benefit from a change in global risk sentiment, with improved ec...
The Brazilian markets are poised to benefit from a change in global risk sentiment, with improved economic fundamentals and continued IMF support, according to Caspar Romer, who is on F&C's Latin American desk. Large-scale economic change and the chance of the left-wing candidate winning the upcoming election are overstated, he claimed. 'Brazil has continued to act as the global market's risk barometer, with debt spreads widening from below 700 basis points in April, to a high of 1,700 basis points during the final week of June,' he added. 'This has been mirrored in a collapse in the B...
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