Hildete Vodopives

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 other three voted for increasing rates by 50 bps. Some argue that tightening now would have been the best choice as theContinue reading “Interest rates in Brazil are kept flat (whether you like it or not)”

Biofuel conference in Amsterdam

Apparently Brazilians do not have a strong presence on the Biofuel World Conference to take place this week, in Amsterdam. Here is the official website: http://www.worldbiofuelsmarkets.com/

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 Brazilian Central Bank has recently lifted part of the liquidity relief measures. These measures were adopted to help small banks after the credit crisis. This could be interpretedContinue reading “Brazil: again the safe port for investors?”

After the rally in 2009, what to expect from Brazilian economy?

In 2009, Ibovespa’s (Brazilian equity index) poised a performance of +145% in USD. How will it behave in 2010? Is it possible that Brazilian economy will deliver a higher return than developed economies? Many analysts are predicting that the index will reach over 82.000 points in 2010. It is a fact that Brazil country risk hasContinue reading “After the rally in 2009, what to expect from Brazilian economy?”

Lula should read the article “Brazil takes off” from The Economist, Nov. 12th 2009

This week , the Brazilian economy was the topic on The Economist’ special edition. Brazil has been quite present in The Economist this year. Most of the articles have presented the country in a positive fashion. In June, they came with an article called “Not just straw men”. Back then, the point was thatContinue reading “Lula should read the article “Brazil takes off” from The Economist, Nov. 12th 2009”