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Forex Flash: Brazil economy at a tipping point - Standard Chartered

By FXstreet.com,  January 06, 2013, 09:05:00 PM EDT

FXstreet.com (Barcelona) - Standard Chartered has lowered the 2012 and 2013 Brazil GDP projections to 1.1% and 3.8%, from 1.5% and 4.1%, respectively. The bank adds: "Nonetheless, we still foresee improved activity in 2013, and a steady closure of the output gap..."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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