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BCB And BoC To Stay On Hold

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 21, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Global investors should not get to comfortable as the recent correction looks like profit taking rather than a structural led reversal. With the political gridlock and expectations for additional downgrades from rating agencies BRL downside looks attractive. The situation in Brazil keeps worsening: inflation expectations for 2015 and 2016 are[​IMG]

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