The BRICS group of five emerging countries has reached agreement on a fund aiming to stabilize their currencies. The fund, worth $100 billion, seeks to stem an outflow of capital once the US changes monetary...
China data deluge will start Tuesday, with June CPI to be reported. A rate of 2.5% y/y is expected vs. 2.1% y/y in May. Trade comes next around mid-week, with exports seen rising 3.7% y/y...
Emerging Markets – Quick Commentary The risk of running high current account deficits (CAD) has hit hard several emerging markets in the Asia-Pacific. With FIIs withdrawing to invest in US bonds and supply of dollars dipping, national...
Volkswagen’s Beetle, Bulli and Gol brands have been a hit in Brazil for six decades. The German carmaker looks back on very successful business operations in the Latin American nation. The first 30 Volkswagen Beetle...
Strong demand in countries such as China, India and Brazil has disproportionally contributed to booming German exports, a new study has found. But Germany’s trade with emerging economies is not a one-way affair. In 2011,...