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South African and Brazilian inflation hit new lows
Weekly investor research
24 April 2017
Brazilian and South African inflation rates were lower than expected, which further increases the attractiveness of local rates in these two countries. Large protests hit the streets in Venezuela. Turkey’s election court approves the referendum result and China’s property market responds to government intervention. In Chile, the government formally launches a challenging pension reform programme. In the snippets, we touch on robust trade numbers from Asia and industrial production surprises to the upside in Poland and Russia. The global backdrop meanwhile looks brighter this morning: Macron, a protest candidate, won the day, but there are protest vote candidates and protest vote candidates. Vive la difference!