Brazil's auto production fell in June

Note: This section contains information in English only.
Source: Marketwatch
Auto production in Brazil continued to contract last month despite recent government's tax breaks that have provided some support for the industry. Vehicle output dropped by annualized 9.4% in the first half 2012. At the same time auto sales declined by 1.2% on a yearly basis; however, sales were 23% up from the May's figure. The market has strong growth potential taken recent interest rates cuts and credit growth, said Cledorvino Belini, president of the Brazilian Motor Vehicle Manufacturers Association.


Back to articles

Actual Topics

Fri, 06 Jul 2012 06:21:43 GMT

Credit Suisse: Won to depreciate 5.4% in Q3 on weak European export demand

The South Korea's Won is expected to experience the worst quarter in 2012 as Eurozone's financial woes are dampening demand for South Korea's exports, reported Ray Farris, Credit Suisse Group AG. The South Korean currency is likely to decline 5.4% against the greenback to trade at 1,200 per US Dollar over the third quarter of 2012, Ray Farris added. Meanwhile

Fri, 06 Jul 2012 05:59:42 GMT

Crude oil declines in Asian session

Crude oil futures edged down in Asia session on Friday after posting moderate gains on Thursday on larger than expected fall in the US crude oil inventories last week. Experts claim that stronger greenback added pressure on the commodity.  Light, sweet crude oil futures for delivery in August traded at USD86.75 per barrel on the New York Mercantile Exchange, declining

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.