Chile and Peru, combined, have about 40% output market share in copper, similar to the combination of the US, Saudi and Russia in oil. 2) US rate hikes, US Dollar strength, and the accompanying global risk aversion have prompted capital flight and cu...

The post-pandemic economic bounce-back has generated labour shortages in many sectors of the economy; we are seeing record-low unemployment and high vacancy rates in several markets, and companies are being forced to raise salaries in the war for tal...

The latest UN FAO World Food Price index (published on 3 June) declined slightly again from the March all-time high: down 0.6% in May, but up 23% yoy, and up 73% from the May 2020 trough. This is the second consecutive month of slight moderation. Veg...

Central banks use verbal guidance as a tool to prompt financial markets to adjust long before a policy-changing decision is taken and implemented. This aims to influence the financial decisions of economic actors by providing a guidepost. These risks...

Brazil: Looking at the session ahead, the central bank is slated to publish its Focus survey, which will provide the latest economists' estimates for GDP, inflation, the Selic rate and FX. Colombia: Colombia's fiscal rule committee, which is tasked w...

Brazil: It’s a busy week ahead in terms of economic data. Core inflation continued to accelerate, rising to 7.16% y/y, during a period that included the Easter break spending. Foreign selling of Mexico's bonds accelerated in the week ended April 8 af...