Investors will focus on IMEFs manufacturing and non-manufacturing indexes for August to size up business confidence and future growth prospects. Moreover, the central banks August survey on economic indicators will be closely monitored: Further improvements to the inflation outlook might take place, downward revision on GDP growth is likely and expectations of flat monetary policy rates for a longer than previously expected period might consolidate. Finally, the central bank will report on lending conditions by commercial banks to the private sector.
Editor’s Note: This post is excerpted from a much longer analysis available exclusively to RGE Clients, LatAm Focus: Week Ahead (Week of August 30, 2010)
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