Recent Posts

Brazil to delay Petrobras, other asset sales until 2017

  Bloomberg Brazil’s Acting President Michel Temer will prioritize infrastructure concessions this year as a way to showcase an improving political environment and rule of law, before offering stakes in state companies in 2017. Several highways and airports are almost ready to be put up for tender. Such deals are less controversial than those involving strategic assets, like units of ...

Read More »

Traders urge Fed to wait until December after job data stun

  Bloomberg For bond traders, the stalling U.S. job market means the Federal Reserve will probably lift interest rates just once this year, in December. The nation’s employers added workers at the slowest pace in almost six years in May, government data showed. The report fueled a surge in Treasuries, driving yields on two-year notes down the most since September ...

Read More »

Citigroup tells investors to sell Mexico’s Peso and buy dollars

  Bloomberg Investors should sell Mexico’s peso and buy dollars and euros amid a widening current account deficit in Latin America’s second-largest economy, according to Citigroup Inc. While Mexico’s peso has tumbled the most among major currencies this year on bets that higher borrowing costs in the U.S. will reduce the appeal of riskier assets, Citigroup says that local economic ...

Read More »
Send this to a friend