9 June 2022 High Political Risk Limits the FX Rebound

Brazilian Real — Concerns about fiscal slippage

Mexican Peso — A decent near-term outlook

Colombian Peso — Anti-Establishment Populism Won 

Andres Abadia (Senior International Economist)Latin America

17 May 2022 Mexico's Industrial Upturn Continued in Q1, but the Outlook has Darkened

Mexico’s total industrial output contributed to GDP growth in Q1, but the outlook is overcast.

High inflation, deteriorating global supply conditions, and increased domestic uncertainty, remain drags.

Argentina’s inflation nightmare continues, despite the government’s efforts to put a lid on the uptrend.

Andres Abadia (Senior International Economist)Latin America

5 May 2022 FX Under Pressure as Correction Takes Hold

Brazilian Real — Under pressure as the USD rebounds

Colombian Peso — Correcting due to high uncertainty

Chilean Peso — Elevated domestic and external risk

Andres Abadia (Senior International Economist)Latin America

21 Apr 2022 Increased Political Risk on the Back of High Inflation

Colombia — Gaffes hurt Petro's presidential campaign

Brazil — Bolsonaro's approval rating is on the mend

Peru — Increased social unrest and political risk

Andres Abadia (Senior International Economist)Latin America

13 Jan 2022 Policy uncertainty, inflation and the Fed will remain a drag

• Brazil — Expect increased volatility in 2022
• Mexico — The rally likely will falter soon
• Argentina — Macro risks are too high

Andres Abadia (Senior International Economist)Latin America