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23 Feb 2016
Bullish on the Americas - Scotiabank
Analysts at Scotiabank are bullish on the America's.
Key Quotes:
"We are bullish on the outlook for the USD. Renewed equity market volatility remains a threat to growth prospects and may therefore weigh on the Fed policy outlook.
We think March remains “live” for a further rate increase at this point. Steadier oil prices will help stabilize the CAD and MXN. The BRL, while supported by high interest rates, is vulnerable to political risk outflows."
Key Quotes:
"We are bullish on the outlook for the USD. Renewed equity market volatility remains a threat to growth prospects and may therefore weigh on the Fed policy outlook.
We think March remains “live” for a further rate increase at this point. Steadier oil prices will help stabilize the CAD and MXN. The BRL, while supported by high interest rates, is vulnerable to political risk outflows."