Archive of month: December 2017

Higher commodity prices, lower inflation and improved access to international financial markets should lead the recovery to pick up steam next year, but risks abound, including upcoming elections, rising public debt and exchange rate distortions in many economies. Commodity price uptick to fuel stronger growth next year

A Agência Nacional de Petróleos (ANP) de São Tomé e Príncipe deverá anunciar dentro de 30 a 45 dias o resultado do concurso público para a exploração dos blocos 10 e 13 na Zona Económica Exclusiva do país, anunciou quarta-feira em São Tomé o director-geral da instituição. Orlando Pontes disse que de entre os consórcios […]

The Federal Reserve’s tightening cycle and positive prospects for the U.S. economy should limit gains in the gold and silver markets. That said, gold and silver prices will be highly determined by the level of geopolitical risks. In this regard, tensions in the Korean peninsula and next year’s election cycle in key countries, including Brazil, […]

Despite the current sweet spot in the energy market, there are reasons to remain skeptical about future developments. While higher oil prices will allow shale companies to ramp up production, participants in the oil deal will be tempted to deviate from quotas to improve their battered finances, potentially limiting any upswing in crude prices. Moreover, […]

Analysts expect commodities prices to increase 13.2% in Q4 2017 from the same period last year, which would represent an acceleration over the 12.2% expansion registered in Q4 2016. They predict more  volatility in commodity prices going forward as they will be dragged down by energy and base metal prices. The Consensus view among commodities […]

A pick-up in household consumption and an improvement in investment kicked the economic recovery into a higher gear in Q3. The government is embroiled in a last-ditch effort to pass a watered-down version of the pension reform bill before the end of the year—a measure that was first presented almost a year ago. The bill […]

Economic growth in Latin America sped up in the third quarter, as the long-awaited recovery takes hold. Preliminary data reveals that regional GDP expanded faster in Q3, than in Q2’s, marking the strongest rate of growth since Q1 2014. Recovering confidence, accommodative financial conditions, rising commodities prices and a healthy global backdrop drove the region’s […]