Daniel Volberg News
-
Colombia’s peso bond yields dropped on speculation policy makers will lower borrowing costs further after consumer prices rose less than expected in March.
-
Venezuela could default on its debt as early as the second half of 2013 if President Hugo Chavez wins re-election next month and fails to shore up the oil- producing nation’s “increasingly fragile” balance sheet, Morgan Stanley said.
-
Argentina’s currency is headed to its smallest decline against the dollar in three years, cutting central bank profits and pushing the government to use reserves at a faster pace to meet financing needs.
-
Colombia peso posted its biggest weekly drop since October on speculation the central bank will increase dollar purchases to ease gains in the local currency.
-
Peru’s central bank may slow the pace of interest rate increases at its monthly meeting today as moderating inflation allays concern that South America’s sixth- biggest economy is overheating.
-
Peru’s central bank kept borrowing costs unchanged yesterday for a 12th month and signaled its readiness to respond to any shifting inflation expectations after boosting reserve requirements to tame credit growth.
-
Colombia’s unexpected interest-rate cut last week may lead to an inflation “surprise” later this year, Morgan Stanley said.
-
Colombia’s peso bonds declined, cutting into a fifth consecutive weekly gain, on speculation that policy makers will continue to reduce benchmark borrowing costs to boost flagging economic growth.
-
Former Argentine President Nestor Kirchner , who antagonized investors in the aftermath of the country’s $95 billion debt default before handing power to his wife in 2007, died of a heart attack today. He was 60.
-
Argentine inflation-linked bonds are posting the best returns in emerging markets even as Goldman Sachs Group Inc. and Moody’s Investors Service say the government’s data on consumer prices are inaccurate.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page