HSBC lowered growth outlook for Latin American countries

Note: This section contains information in English only.
Source: Marketwatch
HSBC reduced its growth forecast for Latin American countries, citing falling commodity prices and weak performance of Brazil. The bank cut its GDP expansion outlook for 2012 for Latin American block from 3.8% to 3.2%. Meanwhile Brazilian growth outlook for this year was lowered from 3.2% to 2.5% whereas Mexican GDP was maintained at 3.4% this year, HSBC added.


Back to articles

Actual Topics

Fri, 29 Jun 2012 08:20:24 GMT

Japanese industrial output shank more than expected in May

Japan's industrial output declined more than expected in May, according to preliminary data. The industrial production of the country dropped by 3.1% on a seasonally adjusted basis in May compared to a 0.2% fall in April. Experts predicted industrial output to slide by 2.8% in May. Despite dismal data release, the Japanese Yen advanced against its US peer by 0.14%,

Fri, 29 Jun 2012 11:39:25 GMT

China's Industrial Companies Profits decline

Profits of Chinese industrial companies shrank for a second consecutive month in May owing to economic slowdown. According to the National Bureau of Statistics, income declined by 5.3% from 2012 to USD61 billion. It is expected that the Chinese government may introduce measures to foster economic growth by stabilizing international trade and investing in infrastructure development. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.