Roberto Melzi

Peru’s Sol Rises Most in Month on Tax Payments, U.S. Economy

Peru’s sol advanced the most in a month after companies bought the currency to pay taxes and as signs of strength in the U.S. economy spurred demand for higher- yielding, emerging-market assets.

Peru’s Economic Growth Slowed to an Annual 5.4% in January

Peru’s economic growth remained in a band of 5.1 percent to 6 percent for a fifth consecutive month in January as retail activity picked up and mining contracted.

Peru’s Borrowing Costs Fall as Fed Sees U.S. Economy Improving

Peru’s benchmark borrowing costs in dollars fell to a seven-month low after Federal Reserve policy makers raised their assessment of the U.S. economy, spurring demand for higher-yielding, emerging-market assets.

Brazil Election `Noise' to Slow Investment as Barclays Cuts Real Forecast

The month-long slump that has made Brazil’s real the worst performer in Latin America may deepen as Bank of America Corp. and Barclays Plc say investment will slow before the vote to replace President Luiz Inacio Lula da Silva .

Real Volatility Easing Surprises Barclays as Election Nears: Brazil Credit

Swings in the Brazilian real are declining to a two-year low ahead of presidential elections as the central bank steps up dollar purchases to offset a surge in investment in the country’s stock and fixed-income markets.

Chilean Peso, Swap Yields Jump After Europe Boosts Rescue Fund

Chile’s peso rose the most in more than two years and interest-rate swap rates spiked after European leaders agreed to boost their rescue fund and persuaded bondholders to accept 50 percent writedowns on Greek debt.

Mantega Tax Rise to Spark Bond Rout for JPMorgan, Barclays: Brazil Credit

Brazil’s attempt to end the currency’s 28 percent ascent since October 2008 is prompting JPMorgan Chase & Co. and Barclays Capital to predict the biggest tumble in benchmark real-denominated bonds in 21 months.

Peru May Keep 4.25% Rate for Eighth Month as Inflation Rises

Peru’s central bank will probably keep its benchmark interest rate unchanged for an eighth month today as the highest inflation rate since 2009 prevents policy makers from doing more to shore up economic growth.

Peru Keeps 4.25% Rate for Eighth Month as Inflation Quickens

Peru’s central bank kept its benchmark interest rate unchanged for an eighth month as the highest inflation rate since 2009 prevents policy makers from doing more to shore up economic growth.

Biggest Rally in Two Years Means Sell for Silva: Mexico Credit

The biggest rally in Mexican peso bonds in two years is a sign to Barclays Plc and Silva Capital Management LLC to sell the debt on a bet the notes will slump as global investor demand for the safest assets wanes.

"There has been a lot dollar selling by companies needing to pay income tax."

- Roberto Melzi on Apr 11, 2012

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Peru

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Former Jets Wide Receiver George Sauer Dies, N.Y. Times Says

Icahn Asks Investors to Make Big Bet on a Debt-Laden Dell

Greenhouse Gases Hit Threshold Unseen in 3 Million Years

Bulls’ Rose Needs Confidence-Building Knock-Down, Trainer Says

Bernanke Sees Important Risks in Wholesale Funding