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Databanks
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Argentina databank Jul 2
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Brazil Economics databank Jun 16
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Poland databank Apr 29
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NEWS FLASH
UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: POLITICAL PASSIONS IN THE...
COUNTRY INSIGHTS
Monetary Policy
BRAZIL ECONOMICS · Report · 11 Dec 2017
The Central Bank cut the interest rate by 50 basis points to 7% at the last COPOM meeting of 2017, and signaled a residual reduction at the start of next year. The inflationary picture remains very benign, strengthening our belief that the interest rate will not be raised in 2018. The communiq...
Economics: Divining future economic policy
MEXICO · Report · 11 Dec 2017
Only two of the major campaigns (Morena and the Front) have registered their 2018 platforms so far. However, when it comes to economic proposals both show a mix of orthodoxy and programs clearly designed to appeal to voters troubled by weakened household economies and an international context mar...
Politics: AMLO and front vying for discontents
MEXICO · Report · 11 Dec 2017
The latest public opinion poll conducted by GEA-ISA provides data on the relative strengths and weaknesses of the parties, and their actual or future candidates, and casts doubt on some widely held assumptions. In terms of voter’s party preferences, the PRI, PAN, and Morena all enjoy about 20%...
Q3 GDP and October BOP
TURKEY · Report · 11 Dec 2017
Here are some quick reactions on today’s two important data releases, which we shall follow up in the coming days and reports, with more analysis/thoughts. GDP growth surprised on the upside in Q3, coming in at a whopping (unadjusted) 11.1%, y/y and 9.6% (working day-adjusted), higher than the...
Saakashvili arrested, tension rises
UKRAINE · In Brief · 10 Dec 2017
Late in the night on December 8 Mikheil Saakashvili was arrested and this time successfully. He was escorted to jail of the Security Bureau of Ukraine (SBU). His supporters called for a new meeting on December 10 and they really gathered few thousands of protesters who called for impeachment. All...
Political and economic update
TURKEY · Report · 10 Dec 2017
We rate political risk in Turkey as high, but can’t generate a prediction regarding its direction. Much will depend on the outcome of the Hakan Atilla Iran sanctions trial. In case of a guilty verdict (our likely scenario), Ankara will have to choose between a political settlement and defiance. A...
Political reading of Cristina’s imprisonment request
ARGENTINA · In Brief · 08 Dec 2017
On Thursday December 7th, Federal judge Claudio Bonadio (who is about to retire) requested the Senate to annul the Congressional immunity of recently sworn-in senator Cristina Fernandez de Kirchner (CFK) and ordered her subsequent detention. This request came together with the actual detention (a...
November inflation: no surprise, no concern
HUNGARY · In Brief · 08 Dec 2017
The November CPI-inflation data is out this morning. The headline rate was 0.4% mom, 2.5% yoy, the latter up from 2.2% yoy in October. This was in line with the market consensus. Just as we wrote in a related note earlier this week, the upturn of the yoy headline rate should be no reason for conc...
As economy improves, Poroshenko leads in polls
UKRAINE · Report · 06 Dec 2017
Fresh voter polls are giving President Petro Poroshenko the best chance of winning the 2019 presidential race. Ukrainians seem to see that Poroshenko is not perfect, but he can claim some positive achievements, like the visa-free regime with the EU. Given the improving economic situation, he’s l...
GDP Expands Again During the Third Quarter of 2017
SOUTH AFRICA · Report · 05 Dec 2017
On a quarter-on-quarter, seasonally adjusted and annualized basis, GDP in the third quarter of 2017 increased by 2.0%. This was the second consecutive quarterly increase following the upwardly adjusted second quarter growth rate of 2.8% q/q (previously 2.5%). Furthermore, these positive growth ra...
Extra Coal Plant Spending Likely to Push Deficit Over 3%
DOMINICAN REPUBLIC · Report · 05 Dec 2017
A new survey underscores the pessimistic domestic mood, and highlights crime and corruption as two big concerns. Some 74% of respondents called the economy bad or very bad; 75% predicted that toward the end of the Danilo Medina administration the economy would be the same or worse; and 52% called...
Revised Q3 GDP data reflects increasingly robust domestic demand
HUNGARY · In Brief · 05 Dec 2017
Revised GDP data for Q3 came out at 0.9% qoq, 4.1% yoy on sda basis this morning. The quarterly number remained unchanged from the first estimate, but the yoy data jumped from a preliminary 3.8%, partly due to upward revisions affecting previous quarters. Growth accelerated from 3.7% yoy in Q2, a...
Increased optimism around Pension Reform, but challenges remain
BRAZIL POLITICS · Report · 05 Dec 2017
According to a poll conducted by Arko Advice of 218 congressional representatives, 57.8% do not believe that Pension Reform will be approved in the Temer administration. However, this index is better than the result of the previous poll, conducted in October (78.77%). The new poll was conducted o...
New Attack on Anti-Corruption Bodies, the U.S. Department of State Intervenes
UKRAINE · In Brief · 05 Dec 2017
We witness new major fight over anti-corruption bodies these days. National Anti-Corruption Bureau of Ukraine (NABU) has been extremely effective over the last few months. Arrests reached high profile officials. Among the nosiest cases was the arrest of the son of current Interior Minister, Arsen...
An attempt to arrest Saakashvili amid blames in illegal party financing
UKRAINE · In Brief · 05 Dec 2017
Today on Dec 5 the Security Bureau of Ukraine (SBU) made an attempt to arrest Mikheil Saakashvili, leader of opposition party Move of New Forces. Hundreds of supporters gathered near the place where Saakashvili resides and effectively recaptured Saakashvili from police and SBU. In parallel, the C...