Brazil: Brazilian markets return to trade today. The focus for many traders is squared on the May FOMC meeting. Brazil’s terms of trade have risen significantly compared to pre-pandemic levels, which, together with the aggressive monetary policy tigh...

Brazil: Some positive news on the labour front, formal job creation came in significantly higher than expectations in February. In terms of the mining sector, the new government has had its first taste of investor intentions made clear. Peru: Local n...

Mexico: Pemex reported its most severe net loss in seven quarters despite increased crude output, the latest sign the beleaguered Mexican state driller still has a long way to go to stabilise its finances. It is expected that Fuerza Popular and Podem...

Brazil: It was a busy day in Brazil yesterday. The BCB also noted that uncertainty about asset and commodity prices led it to avoid signalling the magnitude of the next interest rate hike. The legislation championed by President Lopez Obrador is like...

Brazil: Traders will have some more key economic data to contend with today. While the gauge remains buoyed in expansionary territory, it is worth pointing out that Brazil’s Manufacturing PMI reading has trended lower this year, falling from 61.5 at ...

Brazil: It is another quiet day in terms of economic data. From a monetary policy perspective, the agency noted that the longer-than-expected supply shocks will constrain Banxico’s monetary policy space, likely resulting in further interest rate hike...