Erste Asset Management

6 results for "Monthly archive:August 31, 2016"

Monthly archive:August 31, 2016

Brazil: Hope for change stimulates bonds
Brazil: Hope for change stimulates bonds
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Brazil: Hope for change stimulates bonds

Author: Felix Dornaus, Senior Fund Manager Emerging Markets Bonds Brazil tactically overweighted at the moment Most of the fundamental economic data are currently not good. In 2016, the country is in recession; for 2017, a minor growth rate of +0.7% is expected. The nominal budget deficit of 2016 is about -10%, with a primary deficit […]

Brazil: Olympic Games of politico-economic indicators
Brazil: Olympic Games of politico-economic indicators
(c) Fotolia

Brazil: Olympic Games of politico-economic indicators

In Brazil, or more specifically, in Rio de Janeiro, the 31st Summer Olympics will be held in August of 2016. After Mexico City (1968), Moscow (1980), Seoul (1988), and Beijing (2008), this is only the fifth outing in the city of an emerging economy. The holding of the Games reflects the increasing economic importance of […]