Monday Morning Latin America articles

Recent articles from Monday Morning Latin America

By the numbers: week ended April 21.
April 24, 2006... By the Numbers week ended April 21 Close Change YTD% IPC Index (Mex.) 20174.64 852.02 13.3% Bovespa Index (Braz.) 39774.59 1692.46 18.9% Merval Index (Arg.) 1918.73 68.62 24.3% MSCI EAFE Index...

Market talk.
April 24, 2006... Latin American stocks rallied last week, with Brazilian and Mexican shares setting new record highs, as investors were cheered by signs the U.S. Federal Reserve is nearing the end of its monetary tightening cycle. In minutes from the last FOMC meeting, the Fed said that "most FOMC members...

Last week's top stories.
April 24, 2006... MONDAY A local telecom giant's share restructuring plan lifted Brazilian stocks, while Mexican shares rose on expectations for strong first-quarter earnings. Argentine issues followed the region higher. TUESDAY LatAm stocks rallied, with the Bovespa reaching a new all-time high,...

Notes and quotes.
April 24, 2006... * "The market is eyeing [the Brazilian] government [budget deficit] figures very attentively and will do so even more in coming months. If we don't see a reversal [of the growing deficit] starting in June, it's going to start to be a concern." Nuno Camara, Dresdner Kleinwort Wasserstein,...

New LatAm bond issues.
April 24, 2006... As US Treasuries settled down somewhat, Brazilian petrochemicals group Braskem had another crack at the perpetual market after delaying due to volatility. The US$200m perpetual non-call five came at the wide end of guidance of 8.75%-9.00%, but it was inside the secondary levels of its...