Brazil Stocks Reverse Early Declines To Surge; Materials Gain
15 de fevereiro de 2011Bank Regulator Pushing For Modest Settlement With Industry Over Improper Mortgage Practices
17 de fevereiro de 2011The Central Bank’s latest weekly market survey, Focus, found that market forecasts for GDP growth this year have fallen from 4.60% to 4.50%.
The forecast for industrial growth in 2011 is 5%.
The forecast is for public sector debt as a percentage of GDP to rise from 39.09% to 39.20%.
The market forecast for the dollar at the end of the year (December 2011) went from R$1.73 to R$1.72.
The forecast for the country’s trade surplus in 2011 rose from $9.57 billion to $10.03 billion.
The forecast for the current account deficit was steady at $67.49 billion.
The market (the Central Bank surveys one hundred banks and financial institutions) expects foreign direct investments to be $40 billion this year.
